Plan Snapshot
- Plan Sponsor: Charlesbank Capital Partners, LLC
- Sponsor EIN: 043419769
- Sponsor Address: 200 CLARENDON STREET, 54TH FLOOR, BOSTON, MA, 02116
- Plan Type: 401(k)
- Total Participants: 179
- Total Assets: $34.2M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 179 | $34.2M | $1,000 | $2.9M |
| 2023 | 144 | $26.9M | -$1,500 | $2.5M |
| 2022 | 118 | $23.5M | $0 | $1.7M |
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 | $4,137 | — | $4,137 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,137
- Estimated Expense Ratio: 0.012% 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 | $4,718 | — | — | $4,137 | — |
| 2023 | $338 | — | — | — | — |
| 2022 | $225 | — | — | — | — |