Plan Snapshot
- Plan Sponsor: Cfbank
- Sponsor EIN: 340137475
- Sponsor Address: 4960 E DUBLIN GRANVILLE RD, COLUMBUS, OH, 43081
- Plan Type: 401(k)
- Total Participants: 96
- Total Assets: $7.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 96 | $7.0M | $128,288 | $645,105 |
| 2023 | 97 | $6.2M | $85,739 | $645,621 |
| 2022 | 122 | $5.8M | $298,993 | $774,737 |
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 |
|---|---|---|---|---|
| NATIONWIDE | Recordkeeper | $22,033 | — | $22,033 |
| RBC CAPITAL MARKETS CORP, LLC | Recordkeeper | $12,275 | — | $12,275 |
| PROACCOUNT | Investment Advisor | $7,288 | — | $7,288 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — Recordkeeper
- RBC CAPITAL MARKETS CORP, LLC — Recordkeeper
- PROACCOUNT — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,596
- Estimated Expense Ratio: 0.592% 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 | $21,148 | — | — | — | — |
| 2023 | $45,957 | — | $45,957 | — | — |
| 2022 | $59,290 | — | $59,290 | — | — |