Plan Snapshot
- Plan Sponsor: Crm Management, LLC
- Sponsor EIN: 752998533
- Sponsor Address: 2100 HOLLYWOOD BLVD, HOLLYWOOD, FL, 33020
- Plan Type: 401(k)
- Total Participants: 157
- Total Assets: $10.0M
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. |
|---|---|---|---|---|
| 2023 | 157 | $10.0M | $132,403 | $532,668 |
| 2022 | 195 | $9.2M | $272,543 | $623,241 |
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 ANNUITY INSURANCE COMPANY O | Recordkeeper | $50,002 | — | $50,002 |
| GALLAGHER BENEFIT SERVICES INC DBA | Investment Advisor | $46,372 | — | $46,372 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $10,740 | — | $10,740 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $107,114
- Estimated Expense Ratio: 1.067% 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 |
|---|---|---|---|---|---|
| 2023 | $53,557 | $28,556 | — | — | — |
| 2022 | $39,906 | $10,627 | $29,279 | — | — |