Plan Snapshot
- Plan Sponsor: R.S.M. Electron Power, INC
- Sponsor EIN: 112219032
- Sponsor Address: 221 WEST INDUSTRY COURT, DEER PARK, NY, 11729
- Plan Type: 401(k)
- Total Participants: 247
- Total Assets: $32.8M
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 | 247 | $32.8M | $865,956 | $2.2M |
| 2023 | 258 | $29.1M | $885,785 | $2.1M |
| 2022 | 269 | $25.4M | $851,219 | $2.0M |
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 |
|---|---|---|---|---|
| ONEDIGITAL INVESTMENT ADVISORS LLC | ADVISOR | $75,338 | — | $75,338 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $10,900 | — | $10,900 |
| CARON & BLETZER, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ONEDIGITAL INVESTMENT ADVISORS LLC — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- CARON & BLETZER, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $86,238
- Estimated Expense Ratio: 0.263% 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 | $86,238 | $75,338 | — | — | — |
| 2023 | $72,106 | $66,514 | — | — | — |
| 2022 | $66,098 | — | — | — | — |