Plan Snapshot
- Plan Sponsor: Contitech Usa, INC.
- Sponsor EIN: 208832176
- Sponsor Address: 703 S. CLEVELAND MASSILLON ROAD, FAIRLAWN, OH, 443333023
- Plan Type: 401(k)
- Total Participants: 272
- Total Assets: $21.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 272 | $21.6M | $621,586 | $812,049 |
| 2023 | 272 | $20.8M | $692,757 | $891,051 |
| 2022 | 260 | $18.5M | $680,425 | $854,488 |
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 |
|---|---|---|---|---|
| GREERWALKER, LLP. | Auditor | $14,000 | — | $14,000 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $6,069 | — | $6,069 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GREERWALKER, LLP. — Auditor
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,069
- Estimated Expense Ratio: 0.093% 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 | $25,477 | $5,458 | — | $14,000 | — |
| 2023 | $13,160 | $3,704 | — | — | — |
| 2022 | $9,555 | $4,095 | — | — | — |