Plan Snapshot
- Plan Sponsor: Channel Partners Group, LLC
- Sponsor EIN: 812096287
- Sponsor Address: 4450 E. ADAMO DRIVE #501, TAMPA, FL, 33605
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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. |
|---|---|---|---|---|
| 2023 | 0 | $0 | $371,011 | $2.1M |
| 2022 | 2,957 | $19.6M | $270,586 | $2.3M |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | $148,818 | — | $148,818 |
| FINDLEY DAVIES | INVESTMENT ADVISORY | $42,174 | — | $42,174 |
| CREATIVE PLANNING, LLC | INVESTMENT ADVISORY | $25,750 | — | $25,750 |
| LOCKTON INVESTMENT ADVISORS | INVESTMENT ADVISORY | $25,391 | — | $25,391 |
| MAYER HOFFMAN MCCANN P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — SERVICE PROVIDER
- CREATIVE PLANNING, LLC — INVESTMENT ADVISORY
- LOCKTON INVESTMENT ADVISORS — INVESTMENT ADVISORY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $242,133
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 |
|---|---|---|---|---|---|
| 2023 | $268,785 | $90,763 | $178,022 | — | — |
| 2022 | $242,133 | $93,315 | $148,818 | — | — |