Plan Snapshot
- Plan Sponsor: Commodore Homes, LLC
- Sponsor EIN: 863056430
- Sponsor Address: 58096 COUNTY ROAD 7, ELKHART, IN, 46517
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $0 | $0 | $326,934 |
| 2023 | 801 | $21.1M | $447,061 | $1.5M |
| 2022 | 570 | $17.2M | $419,155 | $1.4M |
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 |
|---|---|---|---|---|
| 1ST COURCE BANK | SERVICE PROVIDER | $180,138 | — | $180,138 |
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $180,138
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 | $40,123 | — | — | — | — |
| 2023 | $90,069 | — | $71,469 | — | — |
| 2022 | $60,120 | — | — | — | $60,120 |