Plan Snapshot
- Plan Sponsor: Chrome Deposit Corporation
- Sponsor EIN: 351526495
- Sponsor Address: 1566 FIRESTONE PARKWAY, AKRON, OH, 44301
- Plan Type: 401(k)
- Total Participants: 150
- Total Assets: $11.4M
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 | 150 | $11.4M | $230,552 | $597,009 |
| 2023 | 141 | $12.2M | $302,744 | $622,011 |
| 2022 | 135 | $13.6M | $371,032 | $582,955 |
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 |
|---|---|---|---|---|
| CAP FINANCIAL PARTNERS, LLC | Investment Advisor | $38,432 | — | $38,432 |
| EMPOWER ANNUITY INSURANCE COMP | Recordkeeper | $24,579 | — | $24,579 |
| FUTUREPLAN BY ASCENSUS | Recordkeeper | $24,148 | — | $24,148 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $15,860 | — | $15,860 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $103,019
- Estimated Expense Ratio: 0.905% 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 | $91,645 | — | $91,645 | — | — |
| 2023 | $106,251 | $106,251 | — | — | — |
| 2022 | $98,409 | — | $98,409 | — | — |