Plan Snapshot
- Plan Sponsor: Continental Cars, INC.
- Sponsor EIN: 742003995
- Sponsor Address: 6757 AIRPORT BLVD., AUSTIN, TX, 787523602
- Plan Type: 401(k)
- Total Participants: 871
- Total Assets: $39.6M
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 | 871 | $39.6M | $612,381 | $4.6M |
| 2023 | 818 | $36.5M | $609,346 | $4.5M |
| 2022 | 764 | $29.2M | $616,093 | $4.3M |
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 |
|---|---|---|---|---|
| PENSIONMARK FINANCIAL GROUP, LLC | SERVICE PROVIDER | — | $101,615 | $101,615 |
| ALLIANCE BENEFIT GROUP OF HOUSTON I | THIRD PARTY ADMINISTRATO | — | $17,837 | $17,837 |
| ALLIANCE BENEFIT GROUP | SERVICE PROVIDER | $10,000 | — | $10,000 |
| VOYA RETIREMENT ADVISORS, LLC | SERVICE PROVIDER | $6,875 | — | $6,875 |
| ADKF, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADKF, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $136,327
- Estimated Expense Ratio: 0.344% 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 | $114,171 | -$18,502 | $132,673 | — | — |
| 2023 | $76,171 | — | — | — | — |
| 2022 | $53,624 | — | — | — | $53,624 |