Plan Snapshot
- Plan Sponsor: Continuum Advantage, LLC
- Sponsor EIN: 843896652
- Sponsor Address: 2520 SE ENCOMPASS DRIVE, WAUKEE, IA, 50263
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 256
- Total Assets: $13.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 256 | $13.7M | $0 | $0 |
| 2024 | 205 | $14.3M | $812,232 | $2.8M |
| 2023 | 259 | $9.2M | $555,869 | $2.0M |
| 2022 | 163 | $3.2M | $299,439 | $1.0M |
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 INS. CO. OF AMERICA | Recordkeeper | $81,583 | — | $81,583 |
| PRINCIPAL SECURITIES INC | Investment Advisor | — | $33,696 | $33,696 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $115,279
- Estimated Expense Ratio: 0.839% 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 | $6,462,074 | — | $89,415 | — | — |
| 2024 | $84,782 | — | $84,782 | — | — |
| 2023 | $36,502 | $36,502 | — | — | — |
| 2022 | $287,247 | — | — | — | — |