Plan Snapshot
- Plan Sponsor: Greater Akron Chamber Of Commerce
- Sponsor EIN: 341156576
- Sponsor Address: 388 S MAIN STREET SUITE 205, AKRON, OH, 44311
- Plan Type: 401(k)
- Total Participants: 1,245
- Total Assets: $29.3M
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 | 1,245 | $29.3M | $1.4M | $4.0M |
| 2023 | 958 | $22.2M | $1.1M | $2.7M |
| 2022 | 202 | $6.9M | $466,975 | $908,316 |
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 |
|---|---|---|---|---|
| MALONEY + NOVOTNY LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MALONEY + NOVOTNY 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 | $198,364 | $77,788 | — | — | — |
| 2023 | $135,349 | $49,016 | — | — | — |
| 2022 | $50,661 | $19,875 | $16,894 | — | — |