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Original filing (PDF)20250730133109NAL0001962275001
CLAIMS RECOVERY FINANCIAL SERVICES LLC
Form 5500
FILING_RECEIVED
CLAIMS RECOVERY FINANCIAL SERVICES 401K PLAN
401(k) retirement plan
Signals · 1
~99 bps in Sched C fees
Active participants
70
Accounts w/ balance
140
Plan assets (EOY)
$4.6M
Net assets (EOY)
$4.6M
How this plan invests
This plan
18 pooled trusts
Schedule D
35 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
91
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
- 99 bps in Schedule C fees — 90% above peer band of 52 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for CLAIMS RECOVERY FINANCIAL SERVICES LLC.
Plan sponsor
Name
CLAIMS RECOVERY FINANCIAL SERVICES LLC
EIN
20-3866006
Address
PO BOX 167 · ALBION, NY · 14411
Phone
(585) 589-8943
Industry
Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-07-30
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
FREED MAXICK, P.C.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER LIFE & ANNUITY INS CO OF NY | — | GREENWOOD VILLAGE, CO | RECORDKEEPER | $28K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS LLC | — | SAN RAFAEL, CA | ADVISOR | $11K | — |
TPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PPS PENSION SERVICES INC | — | WILLIAMSVILLE, NY | CONTRACT ADMIN | $7K | — |
Investments
17 direct securities · 18 pooled funds· $4.6M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Their holdings are itemized on each fund’s own Form 5500.
Pooled Separate Account
$3.4M
18 holdings
Uncategorized
$1.2M
17 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| MASSMUTUAL SELTRP RETIREMENT 2040 I EMPOWER ANNUITY INSURANCE COMPANY · EIN 90-0779283 / PN 000 | Pooled Separate Account | — | — | $797K | 17.3% | |
| MASSMUTUAL SELTRP RETIREMENT 2050 I EMPOWER ANNUITY INSURANCE COMPANY · EIN 90-0779283 / PN 000 | Pooled Separate Account | — | — | $531K | 11.5% | |
| MASSMUTUAL SELTRP RETIREMENT 2055 I EMPOWER ANNUITY INSURANCE COMPANY · EIN 90-0779283 / PN 000 | Pooled Separate Account | — | — | $351K | 7.6% | |
| VANGUARD 500 INDEX ADMIRAL VANGUARD · EIN 90-0779283 / PN 000 | Pooled Separate Account | — | — | $341K | 7.4% | |
| MASSMUTUAL SELTRP RETIREMENT 2030 I EMPOWER ANNUITY INSURANCE COMPANY · EIN 90-0779283 / PN 000 | Pooled Separate Account | — | — | $334K | 7.2% | |
| MASSMUTUAL SELTRP RETIREMENT 2045 I EMPOWER ANNUITY INSURANCE COMPANY · EIN 90-0779283 / PN 000 | Pooled Separate Account | — | — | $275K | 6.0% | |
| MassMutual * Guaranteed interest account | — | — | — | $218K | 4.7% | |
| MASSMUTUAL SELTRP RETIREMENT 2020 I EMPOWER ANNUITY INSURANCE COMPANY · EIN 90-0779283 / PN 000 | Pooled Separate Account | — | — | $182K | 3.9% | |
| MASSMUTUAL SELTRP RETIREMENT 2035 I EMPOWER ANNUITY INSURANCE COMPANY · EIN 90-0779283 / PN 000 | Pooled Separate Account | — | — | $176K | 3.8% | |
| Columbia Large Cap Enhanced Core Instl | — | — | — | $173K | 3.7% | |
| Western Asset Western Asset Core Plus Bond Is | — | — | — | $148K | 3.2% | |
| American Funds American Funds Washington Mutual R6 | — | — | — | $145K | 3.1% | |
| Claims Recovery Financial Services Participant loans interest rates 401(k) Plan * ranging from 4.25% - 9.5% | — | — | — | $118K | 2.5% | |
| MASSMUTUAL EQUITY OPPORTS I MASSMUTUAL · EIN 90-0342299 / PN 000 | Pooled Separate Account | — | — | $110K | 2.4% | |
| American Funds American Funds American Balanced R6 | — | — | — | $86K | 1.9% | |
| AMERICANFUNDS EUROPACIFIC GROWTH R6 AMERICAN FUNDS · EIN 90-0779283 / PN 000 | Pooled Separate Account | — | — | $76K | 1.6% | |
| MASSMUTUAL BLUE CHIP GROWTH I MASSMUTUAL · EIN 90-0779283 / PN 000 | Pooled Separate Account | — | — | $76K | 1.6% | |
| Allspring Special Mid Cap Value R6 | — | — | — | $68K | 1.5% | |
| Diamond Hill Diamond Hill Large Cap Y | — | — | — | $51K | 1.1% | |
| Vangaurd Vanguard Tax-Managed Small Cap Adm | — | — | — | $51K | 1.1% | |
| Invesco Small Cap Value R6 | — | — | — | $49K | 1.1% | |
| MASSMUTUAL MID CAP GROWTH I MASSMUTUAL · EIN 90-0342299 / PN 000 | Pooled Separate Account | — | — | $40K | 0.9% | |
| Cohen & Steers Cohen & Steers Real Estate Securities Z | — | — | — | $37K | 0.8% | |
| Invesco Global Opportunities R6 | — | — | — | $24K | 0.5% | |
| INVESCO DEVELOPING MARKETS R6 INVESCO · EIN 90-0779283 / PN 000 | Pooled Separate Account | — | — | $20K | 0.4% | |
| JANUS HENDERSON TRITON N JANUS HENDERSON · EIN 90-0779283 / PN 000 | Pooled Separate Account | — | — | $19K | 0.4% | |
| Lord Abbett Lord Abbett Bond Debenture R6 | — | — | — | $17K | 0.4% | |
| VANGUARD SMALL CAP INDEX ADMIN VANGUARD · EIN 90-0779283 / PN 000 | Pooled Separate Account | — | — | $17K | 0.4% | |
| AllianceBernstein Ab Global Bond Z | — | — | — | $16K | 0.4% | |
| Vanguard Strategic Equity Inv | — | — | — | $15K | 0.3% | |
| MASSMUTUAL SELTRP RETIREMENT 2060 I EMPOWER ANNUITY INSURANCE COMPANY · EIN 90-0779283 / PN 000 | Pooled Separate Account | — | — | $14K | 0.3% | |
| MASSMUTUAL SELTRP RETIRMENT 2025 I EMPOWER ANNUITY INSURANCE COMPANY · EIN 90-0779283 / PN 000 | Pooled Separate Account | — | — | $12K | 0.3% | |
| Invesco Gold & Special Minerals R6 | — | — | — | $12K | 0.2% | |
| VANGUARD TOTAL BOND MARKETINDEX ADM VANGUARD · EIN 90-0779283 / PN 000 | Pooled Separate Account | — | — | $11K | 0.2% | |
| Vanguard Total Intl Stock Index Admiral | — | — | — | $9K | 0.2% |