Plan Snapshot
- Plan Sponsor: The Cafaro Company
- Sponsor EIN: 341107740
- Sponsor Address: 5577 YOUNGSTOWN-WARREN ROAD, NILES, OH, 444464803
- Plan Type: 401(k)
- Total Participants: 577
- Total Assets: $17.8M
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 | 577 | $17.8M | $465,336 | $1.0M |
| 2023 | 525 | $16.2M | $435,038 | $885,070 |
| 2022 | 523 | $13.0M | $415,555 | $840,777 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $78,187 | — | $78,187 |
| ONEDIGITAL INVESTMENT ADVISORS | INVESTMENT ADVISORY | — | $37,347 | $37,347 |
| PACKER THOMAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ONEDIGITAL INVESTMENT ADVISORS — INVESTMENT ADVISORY
- PACKER THOMAS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $115,534
- Estimated Expense Ratio: 0.649% 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 | $78,187 | — | $78,187 | — | — |
| 2023 | $72,758 | — | $72,758 | — | — |
| 2022 | $69,727 | — | $69,727 | — | — |