Plan Snapshot
- Plan Sponsor: First Brands Group, LLC
- Sponsor EIN: 462872032
- Sponsor Address: 127 PUBLIC SQUARE SUITE 5300, CLEVELAND, OH, 44114
- Plan Type: 401(k)
- Total Participants: 6,024
- Total Assets: $302.9M
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 | 6,024 | $302.9M | $489,752 | $6.2M |
| 2023 | 1,317 | $54.4M | $347,712 | $4.1M |
| 2022 | 1,152 | $42.2M | $189,305 | $3.7M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $158,684 | — | $158,684 |
| CBIZ INVESTMENT ADVISORY SERVICES L | ADVISOR / INVESTMENT ADVISOR | $113,033 | — | $113,033 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $42,685 | — | $42,685 |
| BANK OF AMERICA NA | OTHER | $39,281 | — | $39,281 |
| BOBER MARKEY FEDOROVICH | ACCOUNTANT/AUDITO R | $27,000 | — | $27,000 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $18,248 | — | $18,248 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- BOBER MARKEY FEDOROVICH — ACCOUNTANT/AUDITO R
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $398,931
- Estimated Expense Ratio: 0.132% 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 | $387,576 | $131,281 | — | $27,000 | — |
| 2023 | $258,311 | $89,224 | $1,800 | $27,500 | — |
| 2022 | $263,062 | $11,523 | — | — | — |