Plan Snapshot
- Plan Sponsor: Risepoint, LLC
- Sponsor EIN: 272009059
- Sponsor Address: 2803 PHILADELPHIA PIKE ST, CLAYMONT, DE, 19703
- Plan Type: 401(k)
- Total Participants: 1,563
- Total Assets: $94.6M
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 | 1,563 | $94.6M | $3.0M | $9.5M |
| 2023 | 632 | $35.7M | $1.3M | $4.8M |
| 2022 | 658 | $29.1M | $1.4M | $4.9M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $103,223 | — | $103,223 |
| CREATIVE PLANNING LLC | ADVISOR | $61,413 | — | $61,413 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $11,713 | — | $11,713 |
| WHITLEY PENN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- CREATIVE PLANNING LLC — ADVISOR
- STRATEGIC ADVISORS, INC. — ADVISOR
- WHITLEY PENN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $176,349
- Estimated Expense Ratio: 0.186% 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 | $176,350 | $73,127 | — | — | — |
| 2023 | $98,254 | $36,605 | — | — | — |
| 2022 | $107,544 | — | — | — | — |