Plan Snapshot
- Plan Sponsor: Contitech Usa, INC.
- Sponsor EIN: 208832176
- Sponsor Address: 703 S. CLEVELAND MASSILLON RD, FAIRLAWN, OH, 44333
- Plan Type: 401(k)
- Total Participants: 560
- Total Assets: $70.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 560 | $70.2M | $847,584 | $1.8M |
| 2023 | 636 | $67.5M | $616,858 | $2.0M |
| 2022 | 1,000 | $61.7M | $263,794 | $1.8M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $27,669 | — | $27,669 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $18,522 | — | $18,522 |
| GREERWALKER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- GREERWALKER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,191
- Estimated Expense Ratio: 0.066% 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 | $49,302 | $22,040 | — | — | — |
| 2023 | $57,018 | $25,179 | $300 | — | — |
| 2022 | $66,726 | $44,744 | — | — | — |