Plan Snapshot
- Plan Sponsor: Consolidated Precision Products
- Sponsor EIN: 341916104
- Sponsor Address: 1621 EUCLID AVENUE, SUITE #1850, CLEVELAND, OH, 44115
- Plan Type: 401(k)
- Total Participants: 3,735
- Total Assets: $176.9M
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 | 3,735 | $176.9M | $5.7M | $13.0M |
| 2023 | 3,008 | $159.8M | $5.0M | $11.6M |
| 2022 | 2,922 | $137.2M | $3.7M | $9.6M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $239,543 | — | $239,543 |
| CBIZ INVESTMENT ADVISORY SERVICES L | INVESTMENT ADVISOR | $146,909 | — | $146,909 |
| BOBER MARKEY FEDOROVICH & COMPANY | AUDITOR | $18,250 | — | $18,250 |
| BOBER MARKEY FEDOROVICH | Auditor | $18,250 | — | $18,250 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BOBER MARKEY FEDOROVICH & COMPANY — AUDITOR
- BOBER MARKEY FEDOROVICH — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $422,952
- Estimated Expense Ratio: 0.239% 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 | $559,448 | $146,909 | — | $18,250 | — |
| 2023 | $421,068 | $126,382 | $273,661 | $17,500 | — |
| 2022 | $452,136 | $148,639 | $260,322 | — | $40,000 |