Plan Snapshot
- Plan Sponsor: Ct Consultants, INC.
- Sponsor EIN: 340792089
- Sponsor Address: 8150 STERLING COURT, MENTOR, OH, 44060
- Plan Type: 401(k)
- Total Participants: 326
- Total Assets: $42.8M
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. |
|---|---|---|---|---|
| 2023 | 326 | $42.8M | $490,254 | $2.3M |
| 2022 | 225 | $34.2M | $363,893 | $1.8M |
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 |
|---|---|---|---|---|
| NFP RETIREMENT INC | INVESTMENT ADVISOR | $114,216 | — | $114,216 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $12,510 | — | $12,510 |
| MALONEY & NOVOTNY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MALONEY & NOVOTNY, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $126,726
- Estimated Expense Ratio: 0.296% 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 |
|---|---|---|---|---|---|
| 2023 | $63,363 | $57,108 | — | — | — |
| 2022 | $63,694 | $62,160 | $1,534 | — | — |