Plan Snapshot
- Plan Sponsor: R.W. Beckett Corporation
- Sponsor EIN: 340673444
- Sponsor Address: 38521 CENTER RIDGE ROAD, NORTH RIDGEVILLE, OH, 440392835
- Plan Type: 401(k)
- Total Participants: 273
- Total Assets: $38.9M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 273 | $38.9M | $1.4M | $1.6M |
| 2023 | 293 | $36.6M | $1.3M | $1.6M |
| 2022 | 300 | $33.3M | $1.3M | $1.5M |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | $24,728 | — | $24,728 |
| HIGHLAND CONSULTING ASSOCIATES | ADVISORY | $9,904 | — | $9,904 |
| MEADEN & MOORE, LTD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — SERVICE PROVIDER
- MEADEN & MOORE, LTD — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $34,632
- Estimated Expense Ratio: 0.089% 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 | $12,403 | — | $12,403 | — | — |
| 2023 | $21,007 | $9,292 | $11,715 | — | — |
| 2022 | $12,083 | — | $12,083 | — | — |