Plan Snapshot
- Plan Sponsor: Criticalpoint Partners, LLC
- Sponsor EIN: 455416532
- Sponsor Address: 2101 ROSECRANS AVENUE, EL SEGUNDO, CA, 90245
- Plan Type: 401(k)
- Total Participants: 57
- Total Assets: $25.2M
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. |
|---|---|---|---|---|
| 2024 | 57 | $25.2M | $946,063 | $4.2M |
| 2023 | 371 | $30.1M | $1.2M | $4.9M |
| 2022 | 402 | $24.3M | $1.3M | $4.9M |
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 |
|---|---|---|---|---|
| NFP RETIREMENT INC | Investment Advisor | $89,060 | — | $89,060 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $75,475 | — | $75,475 |
| ECONOMIC GROUP PENSION SERVICES INC | Other Service Provider | $56,594 | — | $56,594 |
| MARCUM LLP | Auditor | $27,810 | — | $27,810 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $248,939
- Estimated Expense Ratio: 0.988% 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 | $251,860 | — | $251,860 | — | — |
| 2023 | $172,477 | — | $172,477 | — | — |
| 2022 | $169,120 | — | $169,120 | — | — |