Plan Snapshot
- Plan Sponsor: Prime Conduit, INC.
- Sponsor EIN: 320254376
- Sponsor Address: 23240 CHAGRIN BLVD, CLEVELAND, OH, 44122
- Plan Type: 401(k)
- Total Participants: 231
- Total Assets: $25.6M
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 | 231 | $25.6M | $666,927 | $1.1M |
| 2023 | 218 | $23.2M | $641,802 | $1.1M |
| 2022 | 230 | $20.5M | $666,678 | $1.1M |
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 |
|---|---|---|---|---|
| CIUNI & PANICHI | Auditor | — | — | $0 |
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 | $18,480 | — | $18,480 | — | — |
| 2023 | $13,158 | — | $13,158 | — | — |
| 2022 | $9,810 | — | $9,810 | — | — |