Plan Snapshot
- Plan Sponsor: Clarus Commerce LLC Dba Ebbo
- Sponsor EIN: 061614774
- Sponsor Address: 175 CAPITAL BLVD., 4TH FLOOR, ROCKY HILL, CT, 06067
- Plan Type: 401(k)
- Total Participants: 176
- Total Assets: $22.4M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 176 | $22.4M | $769,359 | $1.9M |
| 2023 | 225 | $19.8M | $856,569 | $2.0M |
| 2022 | 268 | $17.7M | $723,895 | $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 |
|---|---|---|---|---|
| LPL FINANCIAL | INVESTMENT ADVISOR | $63,189 | — | $63,189 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $62,933 | — | $62,933 |
| JIM HALLINAN PENSION CONSULTING, LL | CONTRACT ADMIN | — | $10,000 | $10,000 |
| COHNREZNICK, LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $136,122
- Estimated Expense Ratio: 0.608% 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 | $190,361 | — | $190,361 | — | — |
| 2023 | $191,251 | — | $191,251 | — | — |
| 2022 | $97,477 | — | — | — | $97,477 |