Plan Snapshot
- Plan Sponsor: Cardworks, INC.
- Sponsor EIN: 113604755
- Sponsor Address: 101 CROSSWAYS PARK DRIVE WEST, WOODBURY, NY, 11797
- Plan Type: 401(k)
- Total Participants: 2,536
- Total Assets: $123.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 2,536 | $123.7M | $5.4M | $11.4M |
| 2023 | 2,241 | $102.2M | $5.2M | $10.3M |
| 2022 | 1,943 | $76.2M | $3.1M | $8.3M |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | Auditor | $29,400 | — | $29,400 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,400
- Estimated Expense Ratio: 0.024% 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 | $573,620 | $141,292 | $87,385 | $29,400 | — |
| 2023 | $539,739 | $123,144 | $383,035 | $28,350 | — |
| 2022 | $463,697 | $108,137 | $324,731 | — | $27,404 |