Plan Snapshot
- Plan Sponsor: R3 LLC
- Sponsor EIN: 811773743
- Sponsor Address: 50 HARRISON ST, HOBOKEN, NJ, 07030
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 11
- Total Assets: $17,380
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 11 | $17,380 | $540,967 | $45,823 |
| 2023 | 37 | $22,965 | $901,080 | $87,791 |
| 2022 | 55 | $34,327 | $596,623 | $113,820 |
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 (PHILADELPHIA) | Investment Advisor | $11,760 | — | $11,760 |
| HEALTHNOW | Other Service Provider | $10,673 | — | $10,673 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,433
- Estimated Expense Ratio: 129.074% 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 | $355,270 | — | — | — | — |
| 2023 | $1,321,316 | — | — | — | — |
| 2022 | $690,651 | — | — | — | — |