Plan Snapshot
- Plan Sponsor: Cloudfit Software LLC
- Sponsor EIN: 208203380
- Sponsor Address: 9674 258TH AVE NE, REDMOND, WA, 98053
- Plan Type: 401(k)
- Total Participants: 189
- Total Assets: $10.7M
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 | 189 | $10.7M | $253,053 | $1.4M |
| 2023 | 154 | $8.9M | $257,798 | $1.4M |
| 2022 | 162 | $6.2M | $263,605 | $1.4M |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | 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 | $61,695 | $44,891 | — | — | — |
| 2023 | $28,405 | $16,872 | — | — | — |
| 2022 | $33,449 | $33,449 | — | — | — |