Plan Snapshot
- Plan Sponsor: Cifc Asset Management LLC
- Sponsor EIN: 452525882
- Sponsor Address: 875 THIRD AVENUE, NEW YORK, NY, 10022
- Plan Type: 401(k)
- Total Participants: 204
- Total Assets: $56.8M
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 | 204 | $56.8M | $1.5M | $3.5M |
| 2023 | 194 | $45.6M | $1.5M | $3.3M |
| 2022 | 130 | $23.6M | $923,369 | $1.9M |
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 |
|---|---|---|---|---|
| LEHMAN FLYNN VOLLARO NY CPA'S PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEHMAN FLYNN VOLLARO NY CPA'S PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $3,865 | — | — | — | — |
| 2023 | $3,294 | — | — | — | — |
| 2022 | $2,300 | — | — | — | — |