Plan Snapshot
- Plan Sponsor: Cumberland Plastic Systems, LLC
- Sponsor EIN: 203703851
- Sponsor Address: 4401 NORTHPARK DRIVE, OPELIKA, AL, 36801
- Plan Type: 401(k)
- Total Participants: 169
- Total Assets: $3.5M
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 | 169 | $3.5M | $237,064 | $335,018 |
| 2023 | 185 | $3.0M | $215,042 | $301,262 |
| 2022 | 138 | $2.3M | $209,391 | $301,515 |
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 |
|---|---|---|---|---|
| THE RETIREMENT ADVANTAGE, INC | TPA | $22,718 | — | $22,718 |
| INVISTA ADVISORS | FINANCIAL SERVICES | $17,108 | — | $17,108 |
| NATIONWIDE | RECORDKEEPER | $16,742 | — | $16,742 |
| HIMMELWRIGHT, HUGULEY & BOLES, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- INVISTA ADVISORS — FINANCIAL SERVICES
- NATIONWIDE — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,568
- Estimated Expense Ratio: 1.631% 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 | $21,233 | — | $21,233 | — | — |
| 2023 | $16,420 | — | $16,420 | — | — |
| 2022 | $13,523 | — | $13,523 | — | — |