Plan Snapshot
- Plan Sponsor: Cgr Products INC.
- Sponsor EIN: 560795247
- Sponsor Address: 4655 US. HIGHWAY 29 N., GREENSBORO, NC, 274059446
- Plan Type: 401(k)
- Total Participants: 116
- Total Assets: $15.3M
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 | 116 | $15.3M | $360,860 | $526,462 |
| 2023 | 121 | $15.0M | $365,516 | $523,021 |
| 2022 | 134 | $13.0M | $378,508 | $522,423 |
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 |
|---|---|---|---|---|
| VALIC FINANCIAL ADVISORS INC | Other Service Provider | $39,242 | — | $39,242 |
| CPI QUALIFIED PLAN CONSULTANTS, INC | Recordkeeper | $18,551 | — | $18,551 |
| ENVESTNET RETIREMENT SOLUTIONS | Other Service Provider | $6,279 | — | $6,279 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CPI QUALIFIED PLAN CONSULTANTS, INC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,072
- Estimated Expense Ratio: 0.420% 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 | $51,084 | $32,533 | $5,800 | — | — |
| 2023 | $30,477 | $15,800 | $4,532 | — | — |
| 2022 | $42,249 | $26,211 | $16,038 | — | — |