Plan Snapshot
- Plan Sponsor: Cloudreach, INC.
- Sponsor EIN: 465416414
- Sponsor Address: 1230 6TH AVE., NEW YORK, NY, 10020
- Plan Type: 401(k)
- Total Participants: 79
- Total Assets: $12.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 79 | $12.6M | $432,787 | $1.1M |
| 2023 | 121 | $11.8M | $628,760 | $1.5M |
| 2022 | 174 | $9.8M | $652,602 | $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 |
|---|---|---|---|---|
| PKF O'CONNOR DAVIES, LLP | Auditor | $18,250 | — | $18,250 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PKF O'CONNOR DAVIES, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,250
- Estimated Expense Ratio: 0.144% 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 | $119,633 | $87,298 | $14,085 | $18,250 | — |
| 2023 | $131,639 | $84,978 | $46,661 | — | — |
| 2022 | $97,799 | $77,724 | — | — | $20,075 |