Plan Snapshot
- Plan Sponsor: Cornerstone Industries Corp.
- Sponsor EIN: 611261950
- Sponsor Address: 8781 MOTORSPORTS WAY, BROWNSBURG, IN, 46112
- Plan Type: 401(k)
- Total Participants: 74
- Total Assets: $4.3M
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 | 74 | $4.3M | $118,387 | $237,018 |
| 2023 | 66 | $3.9M | $121,548 | $252,573 |
| 2022 | 70 | $3.3M | $113,278 | $232,744 |
| 2019 | 85 | $2.6M | $92,971 | $221,121 |
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 |
|---|---|---|---|---|
| LJI WEALTH MANAGEMENT, LLC | Investment Advisor | $12,813 | — | $12,813 |
| NATIONWIDE | Recordkeeper | $5,789 | — | $5,789 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LJI WEALTH MANAGEMENT, LLC — Investment Advisor
- NATIONWIDE — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,602
- Estimated Expense Ratio: 0.428% 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 | $515,497 | — | $13,385 | — | — |
| 2023 | $251,844 | — | — | — | — |
| 2022 | $247,833 | — | $15 | — | — |
| 2019 | $198,459 | — | $901 | — | — |