Plan Snapshot
- Plan Sponsor: Cargomatic, INC. 401k Plan
- Sponsor EIN: 462163054
- Sponsor Address: 211 EAST OCEAN BOULEVARD, SUITE 350, LONG BEACH, CA, 90802
- Plan Type: 401(k)
- Total Participants: 312
- Total Assets: $10.3M
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 | 312 | $10.3M | $744,745 | $1.9M |
| 2023 | 315 | $6.4M | $625,612 | $1.6M |
| 2022 | 251 | $3.2M | $399,826 | $895,413 |
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 |
|---|---|---|---|---|
| CROWE LLP | Auditor | — | — | $0 |
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 | $6,550 | — | $5,600 | — | — |
| 2023 | $6,450 | — | $6,450 | — | — |
| 2022 | $3,770 | — | $3,770 | — | — |