Plan Snapshot
- Plan Sponsor: Cvr Associates, INC.
- Sponsor EIN: 043273457
- Sponsor Address: 2309 SOUTH MACDILL AVE, TAMPA, FL, 33629
- Plan Type: 401(k)
- Total Participants: 269
- Total Assets: $8.6M
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 | 269 | $8.6M | $339,275 | $756,668 |
| 2023 | 284 | $7.5M | $274,182 | $631,061 |
| 2022 | 157 | $6.2M | $236,156 | $568,624 |
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 FINANCIAL LIFE INSURAN | Recordkeeper | $62,676 | — | $62,676 |
| MERRILL LYNCH LIFE AGENCY, INC. | Investment Advisor | $24,030 | — | $24,030 |
| FUTUREPLAN BY ASCENSUS | Recordkeeper | $7,245 | $9 | $7,254 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA FINANCIAL LIFE INSURAN — Recordkeeper
- MERRILL LYNCH LIFE AGENCY, INC. — Investment Advisor
- FUTUREPLAN BY ASCENSUS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $93,960
- Estimated Expense Ratio: 1.092% 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 | $102,248 | — | $102,248 | — | — |
| 2023 | $84,180 | — | $84,180 | — | — |
| 2022 | $80,357 | — | $80,357 | — | — |