# Contec Americas INC. 401(k) Plan
Source: https://planprovider.pro/companies/contec-americas-inc-401k-plan

> Contec Americas INC.'s 401(k) plan: 84 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Contec Americas INC.

- **Sponsor EIN:** 352191025

- **Sponsor Address:** 3991 SARNO ROAD, MELBOURNE, FL, 32934

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

- **Total Participants:** 84

- **Total Assets:** $4.4M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **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|84|$4.4M|$169,255|$372,199|

| 2023|84|$4.7M|$172,651|$325,439|

| 2022|89|$4.4M|$210,481|$370,519|

## 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|

| CARR, RIGGS & INGRAM, LLC|Auditor|—|—|$0|

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $0

### 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|$14,400|$6,604|—|—|—|

| 2023|$41,474|$925|$3,243|—|—|

| 2022|$38,181|—|—|—|$38,181|

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