Plan Snapshot
- Plan Sponsor: Cumberland Packing Corporation
- Sponsor EIN: 112141348
- Sponsor Address: 20 CUMBERLAND ST., BROOKLYN, NY, 112051040
- Plan Type: 401(k)
- Total Participants: 144
- Total Assets: $60.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 144 | $60.1M | $1.1M | $1.7M |
| 2023 | 141 | $55.4M | $989,834 | $1.7M |
| 2022 | 138 | $46.8M | $956,385 | $1.6M |
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 |
|---|---|---|---|---|
| LALLY & CO., LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LALLY & CO., LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $117,817 | $8,112 | $109,055 | — | — |
| 2023 | $99,166 | $5,216 | $92,500 | — | — |
| 2022 | $108,347 | $108,347 | — | — | — |