Plan Snapshot
- Plan Sponsor: College Now Greater Cleveland INC.
- Sponsor EIN: 346580096
- Sponsor Address: POST OFFICE PLAZA 1500 WEST 3RD STR, CLEVELAND, OH, 44113
- Plan Type: 401(k)
- Total Participants: 260
- Total Assets: $12.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 260 | $12.4M | $677,727 | $1.0M |
| 2023 | 253 | $10.1M | $638,922 | $966,412 |
| 2022 | 264 | $7.6M | $577,900 | $855,586 |
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 |
|---|---|---|---|---|
| CITRIN COOPERMAN & CO LLP | 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 | $59,272 | $59,272 | — | — | — |
| 2023 | $44,866 | $25,641 | — | — | — |
| 2022 | $37,829 | $19,023 | $18,806 | — | — |