Plan Snapshot
- Plan Sponsor: Edesia, INC.
- Sponsor EIN: 260359866
- Sponsor Address: 550 ROMANO VINEYARD WAY, NORTH KINGSTOWN, RI, 02852
- Plan Type: 401(k)
- Total Participants: 147
- Total Assets: $9.1M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 147 | $9.1M | $388,956 | $660,053 |
| 2023 | 158 | $7.4M | $335,728 | $584,196 |
| 2022 | 126 | $6.4M | $258,162 | $492,806 |
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 |
|---|---|---|---|---|
| KAHN, LITWIN, RENZA & CO., LTD. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $19,779 | — | $19,779 | — | — |
| 2023 | $5,089 | — | $5,089 | — | — |
| 2022 | $3,674 | — | $3,674 | — | — |