Plan Snapshot
- Plan Sponsor: Greater Cleveland Partnership
- Sponsor EIN: 340149250
- Sponsor Address: 1240 HURON ROAD E., CLEVELAND, OH, 44115
- Plan Type: 401(k)
- Total Participants: 80
- Total Assets: $18.9M
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 | 80 | $18.9M | $468,388 | $813,453 |
| 2023 | 74 | $16.8M | $427,037 | $731,793 |
| 2022 | 58 | $13.9M | $316,299 | $643,548 |
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 |
|---|---|---|---|---|
| VANTAGE FINANCIAL GROUP INC | ADVISOR | $45,180 | — | $45,180 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $27,880 | — | $27,880 |
| PARMSCOMPANYLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,060
- Estimated Expense Ratio: 0.387% 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 | $73,060 | $45,180 | — | — | — |
| 2023 | $1,293,701 | — | $67,978 | — | — |
| 2022 | $901,913 | — | $69,690 | — | — |