Plan Snapshot
- Plan Sponsor: National Refrigeration, INC
- Sponsor EIN: 050319523
- Sponsor Address: 3600 WEST SHORD RD, WARWICK, RI, 02886
- Plan Type: DC
- Total Participants: 112
- Total Assets: $7.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 112 | $7.2M | $0 | $384,153 |
| 2023 | 127 | $6.6M | $137,358 | $392,559 |
| 2022 | 134 | $5.6M | $228,118 | $370,096 |
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 |
|---|---|---|---|---|
| EDELMAN FINANCIAL ENGINES, LLC | 0 | $38,626 | — | $38,626 |
| ED DIAS | 0 | $17,280 | — | $17,280 |
| CAVANAGH CPAS & ASSOCIATES, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CAVANAGH CPAS & ASSOCIATES, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $55,906
- Estimated Expense Ratio: 0.774% 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 | $58,081 | $27,851 | $14,666 | — | — |
| 2023 | $60,766 | $23,696 | $12,773 | — | — |
| 2022 | $52,010 | $7,916 | $11,417 | — | $32,077 |