Plan Snapshot
- Plan Sponsor: Cumberland International Trucks, INC.
- Sponsor EIN: 621041965
- Sponsor Address: 333 PLUS PARK BLVD, NASHVILLE, TN, 37217
- Plan Type: 401(k)
- Total Participants: 366
- Total Assets: $18.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 366 | $18.4M | $799,868 | $2.0M |
| 2023 | 382 | $15.8M | $799,159 | $2.0M |
| 2022 | 401 | $12.2M | $785,857 | $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 |
|---|---|---|---|---|
| FTB ADVISORS INC | ADVISOR | $80,807 | — | $80,807 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $42,308 | — | $42,308 |
| FUTUREPLAN | PLAN SPONSOR | $13,120 | — | $13,120 |
| HENDERSON, HUTCHERSON & MCCULLOUGH, | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- FUTUREPLAN — PLAN SPONSOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $136,235
- Estimated Expense Ratio: 0.740% 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 | $136,235 | — | $136,235 | — | — |
| 2023 | $105,542 | — | $105,542 | — | — |
| 2022 | $104,815 | — | $104,815 | — | — |