Plan Snapshot
- Plan Sponsor: Raise Group Pbc
- Sponsor EIN: 980214122
- Sponsor Address: 1755 DAIRY ASHFORD ROAD, HOUSTON, TX, 77079
- Plan Type: 401(k)
- Total Participants: 402
- Total Assets: $2.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 402 | $2.9M | $0 | $708,520 |
| 2023 | 400 | $2.1M | $0 | $791,872 |
| 2022 | 288 | $1.3M | $0 | $767,262 |
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 AND 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 | $21,489 | — | — | — | — |
| 2023 | $10,544 | $7,822 | — | — | — |
| 2022 | $5,404 | — | — | — | — |