Plan Snapshot
- Plan Sponsor: Cls Bank International
- Sponsor EIN: 134140131
- Sponsor Address: 32 OLD SLIP, 23RD FLOOR, NEW YORK, NY, 10005
- Plan Type: 401(k)
- Total Participants: 269
- Total Assets: $113.7M
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 | 269 | $113.7M | $5.1M | $4.8M |
| 2023 | 248 | $93.9M | $4.6M | $4.5M |
| 2022 | 235 | $75.7M | $4.6M | $4.2M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $44,045 | — | $44,045 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $42,154 | — | $42,154 |
| COHNREZNICK LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $86,199
- Estimated Expense Ratio: 0.076% 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 | $86,199 | $44,045 | — | — | — |
| 2023 | $74,287 | $32,121 | — | — | — |
| 2022 | $67,253 | $22,931 | — | — | — |