Plan Snapshot
- Plan Sponsor: Commercial Foodservice Repair, INC.
- Sponsor EIN: 570757882
- Sponsor Address: 80 INTERNATIONAL DRIVE PATEWOOD BUI, GREENVILLE, SC, 29615
- Plan Type: 401(k)
- Total Participants: 1,320
- Total Assets: $40.9M
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 | 1,320 | $40.9M | $2.7M | $4.4M |
| 2023 | 1,164 | $32.8M | $2.2M | $3.6M |
| 2022 | 941 | $22.2M | $1.2M | $2.4M |
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 |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $110,853 | — | $110,853 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $61,158 | — | $61,158 |
| FIFTH THIRD BANK | Investment Advisor | $57,603 | — | $57,603 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $229,614
- Estimated Expense Ratio: 0.561% 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 | $229,614 | $168,456 | — | — | — |
| 2023 | $175,377 | $126,234 | — | — | — |
| 2022 | $158,061 | — | $158,061 | — | — |