Plan Snapshot
- Plan Sponsor: Chromascape INC.
- Sponsor EIN: 341861574
- Sponsor Address: 7555 EAST PLEASANT VALLEY ROAD, INDEPENDENCE, OH, 44131
- Plan Type: 401(k)
- Total Participants: 217
- Total Assets: $10.4M
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 | 217 | $10.4M | $738,135 | $1.3M |
| 2023 | 234 | $9.4M | $514,070 | $1.1M |
| 2022 | 191 | $7.4M | $408,226 | $940,544 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $35,940 | — | $35,940 |
| GALLAGHER BENEFIT SERVICES INC DBA | INVESTMENT ADVISOR | $24,238 | — | $24,238 |
| ANCORA RETIREMENT PLAN ADVISORS INC | INVESTMENT ADVISOR | $13,494 | — | $13,494 |
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,672
- Estimated Expense Ratio: 0.709% 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 | $76,796 | $40,856 | — | — | — |
| 2023 | $61,504 | $25,747 | — | — | — |
| 2022 | $51,127 | $22,118 | $29,009 | — | — |