Plan Snapshot
- Plan Sponsor: Cambium Business Group, INC. Dba Fairmont Designs
- Sponsor EIN: 942930113
- Sponsor Address: 6950 NORITSU AVENUE, BUENA PARK, CA, 90620
- Plan Type: 401(k)
- Total Participants: 35
- Total Assets: $5.6M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 35 | $5.6M | $144,452 | $253,054 |
| 2023 | 50 | $5.7M | $128,110 | $241,271 |
| 2022 | 46 | $5.5M | $0 | $177,986 |
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 |
|---|---|---|---|---|
| WITHUMSMITH+BROWN, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH+BROWN, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $3,199 | — | — | — | — |
| 2023 | $2,414 | — | — | — | — |
| 2022 | $2,219 | — | — | — | — |