Plan Snapshot
- Plan Sponsor: Claims Recovery Financial Services LLC
- Sponsor EIN: 203866006
- Sponsor Address: PO BOX 167, ALBION, NY, 14411
- Plan Type: 401(k)
- Total Participants: 70
- Total Assets: $4.6M
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 | 70 | $4.6M | $0 | $113,521 |
| 2023 | 89 | $4.7M | $43,233 | $193,621 |
| 2022 | 141 | $4.3M | $194,518 | $289,346 |
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 |
|---|---|---|---|---|
| FREED MAXICK, P.C. | 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 | $34,133 | $34,133 | — | — | — |
| 2023 | $43,477 | $43,477 | — | — | — |
| 2022 | $57,387 | $57,387 | — | — | — |