Plan Snapshot
- Plan Sponsor: Continental Aerospace Technologies, INC.
- Sponsor EIN: 943412775
- Sponsor Address: HR DEPT, MOBILE, AL, 36615
- Plan Type: 401(k)
- Total Participants: 226
- Total Assets: $11.3M
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 | 226 | $11.3M | $379,740 | $925,557 |
| 2023 | 219 | $10.1M | $254,266 | $815,535 |
| 2022 | 198 | $8.2M | $221,950 | $743,363 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $18,788 | — | $18,788 |
| REGIONS BANK | ADVISOR | $7,101 | — | $7,101 |
| SMITH, DUKES AND BUCKALEW,LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- SMITH, DUKES AND BUCKALEW,LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,889
- Estimated Expense Ratio: 0.229% 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 | $30,878 | $12,090 | — | — | — |
| 2023 | $40,806 | $15,662 | — | — | — |
| 2022 | $51,479 | $4,266 | — | — | — |