Plan Snapshot
- Plan Sponsor: Clark-Reliance LLC
- Sponsor EIN: 340923142
- Sponsor Address: 16633 FOLTZ PARKWAY, STRONGSVILLE, OH, 44149
- Plan Type: 401(k)
- Total Participants: 276
- Total Assets: $32.9M
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 | 276 | $32.9M | $648,362 | $1.9M |
| 2023 | 253 | $29.2M | $363,127 | $1.8M |
| 2022 | 223 | $27.5M | $338,651 | $1.7M |
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 |
|---|---|---|---|---|
| SAGEVIEW ADVISORY GROUP LLC | ADVISOR | $30,000 | — | $30,000 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $24,269 | — | $24,269 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $7,632 | — | $7,632 |
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SAGEVIEW ADVISORY GROUP LLC — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,901
- Estimated Expense Ratio: 0.188% 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 | $61,901 | $37,632 | — | — | — |
| 2023 | $61,101 | $35,282 | — | — | — |
| 2022 | $69,317 | $6,553 | — | — | — |