Plan Snapshot
- Plan Sponsor: Cloud Software Group, INC.
- Sponsor EIN: 770449727
- Sponsor Address: 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE, FL, 33309
- Plan Type: 401(k)
- Total Participants: 2,051
- Total Assets: $1.6B
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 | 2,051 | $1.6B | $20.2M | $30.3M |
| 2023 | 1,953 | $959.9M | $23.7M | $34.9M |
| 2022 | 2,821 | $827.5M | $13.7M | $45.9M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $220,698 | — | $220,698 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $120,175 | — | $120,175 |
| MORGAN STANLEY SMITH BARNEY | INVESTMENT ADVISOR | $72,948 | — | $72,948 |
| PENSION ASSURANCE LLP | ACCOUNTANT/AUDITOR | $15,840 | — | $15,840 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- MORGAN STANLEY SMITH BARNEY — INVESTMENT ADVISOR
- PENSION ASSURANCE LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $429,661
- Estimated Expense Ratio: 0.027% 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 | $432,361 | $120,175 | $2,700 | $15,840 | — |
| 2023 | $168,139 | $211,894 | $2,400 | $25,500 | — |
| 2022 | $96,444 | $87,938 | — | — | — |