Plan Snapshot
- Plan Sponsor: Park Place Technologies, LLC
- Sponsor EIN: 341675040
- Sponsor Address: 747 ALPHA DRIVE, HIGHLAND HEIGHTS, OH, 44143
- Plan Type: 401(k)
- Total Participants: 1,430
- Total Assets: $152.6M
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 | 1,430 | $152.6M | $3.6M | $11.5M |
| 2023 | 1,417 | $131.1M | $3.3M | $10.9M |
| 2022 | 1,336 | $107.6M | $2.9M | $9.6M |
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 |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $159,433 | — | $159,433 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $128,512 | — | $128,512 |
| CBIZ INVESTMENT ADVISORY SERVICES | INVESTMENT ADVISOR | $79,408 | — | $79,408 |
| MARCUM LLP | AUDITOR | $15,450 | — | $15,450 |
| CBIZ CPAS P.C. | Auditor | $15,450 | — | $15,450 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $398,253
- Estimated Expense Ratio: 0.261% 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 | $362,820 | $218,858 | — | $15,450 | — |
| 2023 | $331,202 | $206,415 | — | $14,929 | — |
| 2022 | $363,511 | — | $363,511 | — | — |