Plan Snapshot
- Plan Sponsor: Continental Global Material Hand
- Sponsor EIN: 341603197
- Sponsor Address: 438 INDUSTRIAL DRIVE, WINFIELD, AL, 35594
- Plan Type: 401(k)
- Total Participants: 176
- Total Assets: $4.9M
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. |
|---|---|---|---|---|
| 2024 | 176 | $4.9M | $757,275 | $705,263 |
| 2023 | 168 | $3.8M | $725,536 | $623,414 |
| 2022 | 152 | $2.4M | $561,270 | $477,099 |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $19,666 | — | $19,666 |
| LPL FINANCIAL | INVESTMENT/FINANCIAL ADVI | $15,194 | — | $15,194 |
| WARREN AVERETT LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- WARREN AVERETT LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $34,860
- Estimated Expense Ratio: 0.704% 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 | $34,861 | $15,195 | — | — | — |
| 2023 | $25,561 | $10,250 | — | — | — |
| 2022 | $10,578 | — | — | — | — |