Plan Snapshot
- Plan Sponsor: Plan Employer Cinch Home Services INC.
- Sponsor EIN: 650033743
- Sponsor Address: 4700 EXCHANGE COURT, SUITE 300, BOCA RATON, FL, 33431
- Plan Type: 401(k)
- Total Participants: 713
- Total Assets: $47.8M
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 | 713 | $47.8M | $1.5M | $3.2M |
| 2023 | 510 | $40.9M | $1.4M | $3.1M |
| 2022 | 556 | $32.8M | $1.4M | $2.9M |
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 |
|---|---|---|---|---|
| COHNREZNICK, LLP | Auditor | — | — | $0 |
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 | $24,071 | $11,182 | — | — | — |
| 2023 | $30,685 | $8,721 | — | — | — |
| 2022 | $27,014 | $7,164 | — | — | — |