Plan Snapshot
- Plan Sponsor: Cloeren Incorporated
- Sponsor EIN: 742145563
- Sponsor Address: 401 N 16TH ST, ORANGE, TX, 77630
- Plan Type: 401(k)
- Total Participants: 343
- Total Assets: $30.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 343 | $30.6M | $861,122 | $1.5M |
| 2023 | 361 | $28.1M | $757,819 | $1.3M |
| 2022 | 336 | $25.0M | $694,407 | $1.2M |
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 |
|---|---|---|---|---|
| MITCHELL T. FONTENOTE | 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 | $110,105 | — | — | — | — |
| 2023 | $100,866 | — | — | $6,000 | — |
| 2022 | $106,297 | — | — | — | — |