Plan Snapshot
- Plan Sponsor: Clarion Partners, LLC
- Sponsor EIN: 133379970
- Sponsor Address: ONE MADISON AVENUE, NEW YORK, NY, 10010
- Plan Type: 401(k)
- Total Participants: 320
- Total Assets: $166.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 320 | $166.8M | $4.6M | $5.2M |
| 2023 | 339 | $149.4M | $4.3M | $4.8M |
| 2022 | 334 | $122.5M | $3.9M | $4.1M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $75,647 | $1,325 | $76,972 |
| COHNREZNICK LLP | AUDITOR | $38,825 | — | $38,825 |
| VOYA RETIREMENT ADVISORS, LLC | SERVICE PROVIDER | $17,454 | — | $17,454 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $133,251
- Estimated Expense Ratio: 0.080% 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 | $131,926 | $17,470 | $73,306 | — | — |
| 2023 | $107,761 | $11,836 | $77,475 | — | — |
| 2022 | $110,529 | — | — | — | — |