Plan Snapshot
- Plan Sponsor: Corporate Coverage Company, INC.
- Sponsor EIN: 364375218
- Sponsor Address: 2401 SOUTH LAFLIN, CHICAGO, IL, 60608
- Plan Type: 401(k)
- Total Participants: 308
- Total Assets: $12.4M
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 | 308 | $12.4M | $156,581 | $1.2M |
| 2023 | 285 | $10.4M | $117,516 | $1.1M |
| 2022 | 281 | $8.7M | $118,474 | $1.0M |
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 |
|---|---|---|---|---|
| NEWPORT GROUP, INC. | RECORDKEEPER | $47,430 | — | $47,430 |
| PLANTE & MORAN, PLLC | Auditor | $20,169 | — | $20,169 |
| NEWPORT TRUST COMPANY | TRUSTEE | $6,420 | — | $6,420 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $74,019
- Estimated Expense Ratio: 0.599% 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 | $53,850 | — | — | $20,169 | — |
| 2023 | $36,263 | $144 | $15,929 | — | — |
| 2022 | $67,440 | — | $62,343 | — | $5,097 |