Plan Snapshot
- Plan Sponsor: Continental Finance Company
- Sponsor EIN: 203038479
- Sponsor Address: 4550 LINDEN HILL RD, WILMINGTON, DE, 19808
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 179
- Total Assets: $26.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 179 | $26.1M | $0 | $0 |
| 2024 | 141 | $20.4M | $806,470 | $1.2M |
| 2023 | 116 | $15.7M | $478,502 | $892,359 |
| 2022 | 87 | $11.8M | $520,335 | $661,979 |
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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS | Investment Advisor | $40,207 | — | $40,207 |
| ADP, INC. | Recordkeeper | $21,081 | — | $21,081 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,288
- Estimated Expense Ratio: 0.234% 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 |
|---|---|---|---|---|---|
| 2025 | $974,313 | $40,207 | — | — | — |
| 2024 | $51,945 | $35,647 | — | — | — |
| 2023 | $11,478 | — | — | $11,478 | — |
| 2022 | $182,403 | — | — | — | — |