Plan Snapshot
- Plan Sponsor: Able Roofing, LLC
- Sponsor EIN: 311487386
- Sponsor Address: 4777 WESTERVILLE ROAD, COLUMBUS, OH, 43231
- Plan Type: 401(k)
- Total Participants: 203
- Total Assets: $11.9M
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 | 203 | $11.9M | $766,768 | $1.2M |
| 2023 | 292 | $13.1M | $943,229 | $1.4M |
| 2022 | 327 | $9.9M | $775,027 | $1.4M |
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 RETIREMENT SOLUTIONS, | Recordkeeper | $34,623 | — | $34,623 |
| RAYMOND JAMES AND ASSOCIATES INC | Investment Advisor | $26,018 | — | $26,018 |
| CREATIVE RETIREMENT SYSTEMS, INC. | Recordkeeper | $20,889 | $74 | $20,963 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS, — Recordkeeper
- RAYMOND JAMES AND ASSOCIATES INC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $81,604
- Estimated Expense Ratio: 0.688% 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 | $81,434 | — | — | — | — |
| 2023 | $60,761 | — | — | — | — |
| 2022 | $55,074 | — | — | — | — |