# Contitech Usa, INC. Health & Welfare Plan
Source: https://planprovider.pro/companies/contitech-usa-inc-208832176-502

> Contitech Usa, INC.'s Health & Welfare plan: 539 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Contitech Usa, INC.

- **Sponsor EIN:** 208832176

- **Sponsor Address:** 703 S. CLEVELAND MASSILLON ROAD, FAIRLAWN, OH, 44333

- **Plan Type:** Health & Welfare

- **Plan Number:** 502

- **Total Participants:** 539

- **Total Assets:** $61,062

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|539|$61,062|$338,340|$0|

| 2023|587|$416,619|$155,182|$0|

| 2022|607|$422,104|$173,885|$0|

## 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|

| PNC BANK|Other Service Provider|$6,500|—|$6,500|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $6,500

- **Estimated Expense Ratio:** 10.645% 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|$6,500|—|$6,500|—|—|

| 2023|$6,500|—|$6,500|—|—|

| 2022|$6,500|—|$6,500|—|—|

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