Plan Snapshot
- Plan Sponsor: Continental Motor Company, INC.
- Sponsor EIN: 920040159
- Sponsor Address: 5115 OLD SEWARD HWY, ANCHORAGE, AK, 99503
- Plan Type: 401(k)
- Total Participants: 187
- Total Assets: $14.6M
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 | 187 | $14.6M | $128,988 | $1.0M |
| 2023 | 182 | $12.9M | $111,606 | $968,713 |
| 2022 | 168 | $11.3M | $97,661 | $807,749 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $34,629 | — | $34,629 |
| UBS FINANCIAL SERVICES INC | Investment Advisor | $25,000 | — | $25,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,629
- Estimated Expense Ratio: 0.409% 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 | $62,656 | $27,877 | — | — | — |
| 2023 | $53,395 | $27,446 | — | — | — |
| 2022 | $53,444 | — | $53,444 | — | — |