Plan Snapshot
- Plan Sponsor: Ceratizit Usa, LLC.
- Sponsor EIN: 593764998
- Sponsor Address: 625 GRIFFITH RD, SUITE 120, CHARLOTTE, NC, 28217
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 152
- Total Assets: $14.2M
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. |
|---|---|---|---|---|
| 2025 | 152 | $14.2M | $0 | $0 |
| 2024 | 84 | $16.4M | $369,208 | $790,974 |
| 2023 | 103 | $16.2M | $393,884 | $796,950 |
| 2022 | 128 | $14.8M | $410,312 | $899,756 |
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 | Recordkeeper | $61,228 | — | $61,228 |
| EMBREE FINANCIAL GROUP | Investment Advisor | — | $24,788 | $24,788 |
| HUNTER BENEFITS CONSULTING GROUP | Recordkeeper | — | $7,542 | $7,542 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $93,558
- Estimated Expense Ratio: 0.659% 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 |
|---|---|---|---|---|---|
| 2025 | $5,496,390 | — | $51,715 | — | — |
| 2024 | $56,702 | — | $56,702 | — | — |
| 2023 | $57,810 | — | $57,810 | — | — |
| 2022 | $54,788 | — | $54,788 | — | — |