Plan Snapshot
- Plan Sponsor: Collegetown Bagels, INC.
- Sponsor EIN: 161057527
- Sponsor Address: 400 N MEADOW ST, ITHACA, NY, 14850
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 167
- Total Assets: $12.3M
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. |
|---|---|---|---|---|
| 2025 | 167 | $12.3M | $0 | $0 |
| 2024 | 111 | $10.5M | $139,128 | $266,665 |
| 2023 | 102 | $9.7M | $134,948 | $256,065 |
| 2022 | 102 | $7.5M | $125,013 | $242,284 |
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 |
|---|---|---|---|---|
| NORTHWESTERN MUTUAL | Other Service Provider | $27,093 | — | $27,093 |
| ASCENSUS LLC | Other Service Provider | $14,588 | — | $14,588 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,681
- Estimated Expense Ratio: 0.338% 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 |
|---|---|---|---|---|---|
| 2025 | $505,094 | $27,094 | $14,588 | — | — |
| 2024 | $41,497 | $25,608 | $15,889 | — | — |
| 2023 | $36,441 | $20,683 | $15,758 | — | — |
| 2022 | $40,705 | $23,522 | $17,183 | — | — |