Plan Snapshot
- Plan Sponsor: Contiem, INC.
- Sponsor EIN: 510542116
- Sponsor Address: 180 ADMIRAL COCHRANE DR SUITE 450, ANNAPOLIS, MD, 21401
- Plan Type: 401(k)
- Total Participants: 64
- Total Assets: $8.8M
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 | 64 | $8.8M | $285,145 | $647,475 |
| 2023 | 90 | $8.1M | $254,224 | $598,352 |
| 2022 | 108 | $6.6M | $248,999 | $531,207 |
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 | $20,436 | — | $20,436 |
| MERRILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISOR | $13,369 | — | $13,369 |
| THE AMERICAN AUDITORS GROUP, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE AMERICAN AUDITORS GROUP, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,805
- Estimated Expense Ratio: 0.384% 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 | $37,778 | $17,342 | — | — | — |
| 2023 | $34,688 | $17,738 | — | — | — |
| 2022 | $40,111 | $20,548 | $19,563 | — | — |