Plan Snapshot
- Plan Sponsor: Digeronimo
- Sponsor EIN: 340938274
- Sponsor Address: 5720 SCHAAF RD, INDEPENDENCE, OH, 44131
- Plan Type: 401(k)
- Total Participants: 681
- Total Assets: $75.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 681 | $75.9M | $2.3M | $3.7M |
| 2023 | 496 | $69.0M | $2.5M | $3.5M |
| 2022 | 465 | $60.0M | $2.3M | $3.1M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $146,196 | — | $146,196 |
| FOCUS OPERATING LLC DBA JFS WEALTH | INVESTMENT ADVISOR | $70,597 | — | $70,597 |
| COHEN & COMPANY, LTD | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $216,793
- Estimated Expense Ratio: 0.286% 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 | $213,543 | $73,820 | — | — | — |
| 2023 | $217,002 | $44,984 | $172,018 | — | — |
| 2022 | $231,275 | $53,000 | $177,917 | — | — |