Plan Snapshot
- Plan Sponsor: Cefco National Claims Services, INC.
- Sponsor EIN: 630772568
- Sponsor Address: 2928 MCVAY DRIVE NORTH, MOBILE, AL, 36606
- Plan Type: 401(k)
- Total Participants: 96
- Total Assets: $4.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 96 | $4.9M | $0 | $139,221 |
| 2023 | 88 | $4.8M | $0 | $297,634 |
| 2022 | 165 | $4.1M | $0 | $392,704 |
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 |
|---|---|---|---|---|
| N. D. PITTMAN | ADVISOR | $31,991 | — | $31,991 |
| SMITH DUKES & BUCKLEW | AUDITOR | $17,500 | — | $17,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SMITH DUKES & BUCKLEW — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,491
- Estimated Expense Ratio: 1.003% 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 | $78,914 | $31,991 | $4,353 | — | — |
| 2023 | $55,841 | $30,276 | — | — | — |
| 2022 | $31,514 | — | $935 | — | $30,579 |