Plan Snapshot
- Plan Sponsor: Credit Industriel Et Commercial
- Sponsor EIN: 132757199
- Sponsor Address: 520 MADISON AVENUE, NEW YORK, NY, 100224213
- Plan Type: 401(k)
- Total Participants: 106
- Total Assets: $70.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 106 | $70.5M | $493,008 | $1.8M |
| 2023 | 99 | $60.8M | $475,463 | $1.6M |
| 2022 | 93 | $48.3M | $442,406 | $1.5M |
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 |
|---|---|---|---|---|
| NEWPORT CAPITAL GROUP | NONE | $72,552 | — | $72,552 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,552
- Estimated Expense Ratio: 0.103% 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 | $72,881 | — | $72,881 | — | — |
| 2023 | $44,775 | — | $44,775 | — | — |
| 2022 | $59,526 | — | — | — | $59,526 |