Plan Snapshot
- Plan Sponsor: Coretech Consulting Group, LLC
- Sponsor EIN: 043709993
- Sponsor Address: 500 WEST OFFICE CENTER DRIVE, FORT WASHINGTON, PA, 190343215
- Plan Type: 401(k)
- Total Participants: 2,347
- Total Assets: $52.2M
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 | 2,347 | $52.2M | $369,045 | $6.3M |
| 2023 | 2,441 | $47.5M | $976,329 | $7.1M |
| 2022 | 2,307 | $37.0M | $1.2M | $7.5M |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | $142,316 | — | $142,316 |
| ENVESTNET RETIREMENT SOLUTIONS | ADVISORY | $30,120 | — | $30,120 |
| TEAL, BECKER & CHIARAMONTE | AUDITOR | $26,850 | — | $26,850 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — SERVICE PROVIDER
- ENVESTNET RETIREMENT SOLUTIONS — ADVISORY
- TEAL, BECKER & CHIARAMONTE — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $199,286
- Estimated Expense Ratio: 0.382% 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 | $199,286 | $30,120 | $142,316 | $26,850 | — |
| 2023 | $160,847 | $14,804 | $117,043 | $29,000 | — |
| 2022 | $164,895 | $92,848 | $72,047 | — | — |