Plan Snapshot
- Plan Sponsor: Race Winning Brands, INC.
- Sponsor EIN: 814827266
- Sponsor Address: 7201 INDUSTRIAL PARK BLVD, MENTOR, OH, 44060
- Plan Type: 401(k)
- Total Participants: 876
- Total Assets: $42.9M
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 | 876 | $42.9M | $1.6M | $3.6M |
| 2023 | 972 | $36.6M | $1.7M | $3.6M |
| 2022 | 1,106 | $29.0M | $1.4M | $3.0M |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | Auditor | $9,030 | — | $9,030 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,030
- Estimated Expense Ratio: 0.021% 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 | $189,367 | $70,145 | $110,192 | $9,030 | — |
| 2023 | $163,144 | $76,366 | $86,778 | — | — |
| 2022 | $112,801 | $60,141 | $52,660 | — | — |