Plan Snapshot
- Plan Sponsor: Cadent, LLC
- Sponsor EIN: 260489194
- Sponsor Address: 1675 BROADWAY, NEW YORK, NY, 10019
- Plan Type: 401(k)
- Total Participants: 600
- Total Assets: $94.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 600 | $94.8M | $1.5M | $4.7M |
| 2023 | 353 | $47.8M | $1.3M | $4.7M |
| 2022 | 330 | $35.3M | $1.2M | $4.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| KREISCHER MILLER LLP | Auditor | $17,217 | — | $17,217 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,217
- Estimated Expense Ratio: 0.018% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $136,387 | $44,925 | — | $17,217 | — |
| 2023 | $119,023 | $40,487 | — | $16,244 | — |
| 2022 | $120,813 | $12,554 | — | — | — |