Plan Snapshot
- Plan Sponsor: Continental Automotive, INC.
- Sponsor EIN: 510304065
- Sponsor Address: 1830 MACMILLAN PARK DRIVE, FORT MILL, SC, 29707
- Plan Type: 401(k)
- Total Participants: 2,425
- Total Assets: $1.1B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 2,425 | $1.1B | $19.5M | $29.5M |
| 2023 | 3,069 | $1.0B | $20.5M | $30.0M |
| 2022 | 2,997 | $878.1M | $19.8M | $28.6M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $288,362 | — | $288,362 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $78,732 | — | $78,732 |
| CLEAR INVESTMENT RESEARCH, LLC. | INVESTMENT ADVISOR | $70,000 | — | $70,000 |
| GREERWALKER, LLP | ACCOUNTANT/AUDITOR | $17,400 | — | $17,400 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- GREERWALKER, LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $454,494
- Estimated Expense Ratio: 0.042% 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 | $440,265 | $358,362 | $3,300 | $17,400 | — |
| 2023 | $479,064 | $307,752 | $1,800 | $16,600 | — |
| 2022 | $327,129 | $375,833 | — | — | — |