Plan Snapshot
- Plan Sponsor: Cornerstone Detention Products, INC.
- Sponsor EIN: 631196091
- Sponsor Address: 20871 SANDY ROAD, TANNER, AL, 35671
- Plan Type: 401(k)
- Total Participants: 345
- Total Assets: $24.6M
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. |
|---|---|---|---|---|
| 2024 | 345 | $24.6M | $682,094 | $1.7M |
| 2023 | 321 | $20.3M | $631,172 | $1.5M |
| 2022 | 304 | $16.3M | $573,806 | $1.4M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $9,476 | — | $9,476 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $5,031 | — | $5,031 |
| HIGHLANDS ACCOUNTING GROUP, INC. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,507
- Estimated Expense Ratio: 0.059% 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 | $14,507 | $9,476 | — | — | — |
| 2023 | $12,438 | $7,029 | — | — | — |
| 2022 | $14,104 | $3,278 | — | — | — |