Plan Snapshot
- Plan Sponsor: Cortech, LLC
- Sponsor EIN: 582449456
- Sponsor Address: 710 MORGAN FALLS ROAD, ATLANTA, GA, 30350
- Plan Type: DC
- Total Participants: 3,655
- Total Assets: $7.3M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 3,655 | $7.3M | $0 | $282,142 |
| 2023 | 3,984 | $7.0M | $0 | $1.1M |
| 2022 | 26,225 | $6.9M | $0 | $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 |
|---|---|---|---|---|
| TRANSAMERICA INSURANCE COMPANY | RECORDKEEPER | $94,098 | — | $94,098 |
| NOVA 401(K) ASSOCIATES LP | RECORDKEEPER | $39,555 | $118 | $39,673 |
| SEAY & WEISSINGER, LLC | AUDITOR | $10,000 | — | $10,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA INSURANCE COMPANY — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $143,771
- Estimated Expense Ratio: 1.961% 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 | $157,643 | — | $147,643 | $10,000 | — |
| 2023 | $168,504 | — | $168,504 | — | — |
| 2022 | $148,836 | — | $148,836 | — | — |