Plan Snapshot
- Plan Sponsor: Claridge Products & Equipment, LLC
- Sponsor EIN: 710302078
- Sponsor Address: 480 WRANGLER DR, COPPELL, TX, 75019
- Plan Type: 401(k)
- Total Participants: 282
- Total Assets: $7.5M
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 | 282 | $7.5M | $318,685 | $619,366 |
| 2023 | 324 | $7.4M | $338,027 | $724,189 |
| 2022 | 455 | $8.0M | $327,796 | $708,451 |
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 |
|---|---|---|---|---|
| CROWE, 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 | $37,534 | $19,587 | $17,947 | — | — |
| 2023 | $41,582 | $21,883 | $19,699 | — | — |
| 2022 | $47,697 | $29,031 | $18,666 | — | — |