# Component Repair Technologies INC 401(k) Plan
Source: https://planprovider.pro/companies/component-repair-technologies-inc-401k-plan

> Component Repair Technologies INC's 401(k) plan: 474 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Component Repair Technologies INC

- **Sponsor EIN:** 341483853

- **Sponsor Address:** 8507 TYLER BLVD, MENTOR, OH, 44060

- **Plan Type:** 401(k)

- **Total Participants:** 474

- **Total Assets:** $74.0M

## 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|474|$74.0M|$0|$0|

| 2023|436|$56.3M|$0|$0|

## 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|

| HILL BARTH & KING, LLC|Auditor|$21,685|—|$21,685|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [HILL BARTH & KING, LLC](https://planprovider.pro/provider/hill-barth-and-king-llc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $21,685

- **Estimated Expense Ratio:** 0.029% 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|$256,631|$100,000|$134,946|$21,685|—|

| 2023|$233,548|$100,000|$118,333|—|$15,215|

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