Plan Snapshot
- Plan Sponsor: R.K. Miles, INC.
- Sponsor EIN: 030141661
- Sponsor Address: 618 DEPOT STREET, MANCHESTER CENTER, VT, 05255
- Plan Type: 401(k)
- Total Participants: 256
- Total Assets: $27.2M
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 | 256 | $27.2M | $727,625 | $1.4M |
| 2023 | 248 | $24.8M | $688,236 | $1.3M |
| 2022 | 251 | $20.2M | $668,898 | $1.2M |
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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY HOLDING | Recordkeeper | $65,240 | — | $65,240 |
| STANCORP FINANCIAL GROUP | Recordkeeper | $39,503 | — | $39,503 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY HOLDING — Recordkeeper
- STANCORP FINANCIAL GROUP — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $104,743
- Estimated Expense Ratio: 0.385% 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 | $109,823 | $65,240 | $20,396 | — | — |
| 2023 | $73,849 | — | $73,849 | — | — |
| 2022 | $74,669 | — | $74,669 | — | — |