Plan Snapshot
- Plan Sponsor: Commerzbank Ag
- Sponsor EIN: 132682661
- Sponsor Address: 225 LIBERTY STREET, 32ND FLOOR, NEW YORK, NY, 102811050
- Plan Type: 401(k)
- Total Participants: 269
- Total Assets: $385.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | $385.0M | $3.9M | $5.2M |
| 2023 | 261 | $358.1M | $3.8M | $5.1M |
| 2022 | 266 | $307.3M | $3.8M | $4.8M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $53,634 | — | $53,634 |
| BDO USA, P.C. | ACCOUNTANT/AUDITOR | $34,040 | — | $34,040 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $31,668 | — | $31,668 |
| BUCK GOBAL INC | INVESTMENT ADVISOR | $28,494 | — | $28,494 |
| NIXON PEABODY | ATTORNEY/LEGAL | $12,655 | — | $12,655 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- BDO USA, P.C. — ACCOUNTANT/AUDITOR
- STRATEGIC ADVISORS, INC. — ADVISOR
- NIXON PEABODY — ATTORNEY/LEGAL
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $160,491
- Estimated Expense Ratio: 0.042% 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 | $106,857 | $60,162 | — | $34,040 | — |
| 2023 | $110,209 | $69,885 | — | $33,773 | — |
| 2022 | $78,590 | $29,830 | — | — | — |