Plan Ledger DOL Form 5500 · updated monthly

Continental Finance Company401(k)

CONTINENTAL FINANCE COMPANY 401(K) PLAN · WILMINGTON, DE · plan year 2024

Reported admin expense ratio · 2024
0.29%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Continental Finance Company reported $51,945 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $5,720 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.08% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 98th-largest of 242 plans among Delaware employers on file, and 3,019th of 4,798 in finance & insurance. In 2024, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,407,121
Participants with balances162
Active participants141
Employer contributions$806,470
Employee contributions$1,154,214
Employer contribution per active participant$5,720
Average account balance$125,970
Benefits paid to participants$419,111
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$20.4M · 162 accts · $806K emplr
2023$15.7M · 137 accts · $479K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,298
Investment management$35,647
Total administrative$51,945
The Continental Finance Company 401(k) match · 2024
Employer contribution per active participant$5,720
Median for plans this size$2,416
2024$5,720 per active participant
2023$4,125 per active participant

Continental Finance Company's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$35,647
ADP, INC. · Loan processing · Recordkeeping$16,298
ADP BROKER-DEALER · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, GLOBAL RETIREMENT PARTNERS
2023ADP

This plan has changed recordkeepers within these filings. If you left Continental Finance Company before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$51,945 · 0.29%
2023$11,478 · 0.08%
Similar plansFinance & Insurance · Delaware
Marlette Funding, LLC DE$40.6M · 0.41%
Artisans' Bank DE$27.9M · 0.21%
Partners Bancorp DE$14.6M · 0.27%
County Bank DE$12.6M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203038479 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.