Plan Snapshot
- Plan Sponsor: Clearchoice Management Services, LLC
- Sponsor EIN: 203648245
- Sponsor Address: 281 SANDERS CREEK PARKWAY, EAST SYRACUSE, NY, 13057
- Plan Type: 401(k)
- Total Participants: 393
- Total Assets: $26.4M
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 | 393 | $26.4M | $119,716 | $0 |
| 2023 | 614 | $28.4M | $0 | $0 |
| 2022 | 554 | $26.3M | $0 | $0 |
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 |
|---|---|---|---|---|
| FIRLEY, MORAN, FREER & EASSA, CPA P | 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 | $109,374 | $52,000 | — | — | — |
| 2023 | $141,351 | $26,000 | — | — | — |
| 2022 | $217,661 | $66,446 | — | — | $300 |