# Rad Power Bikes, LLC 401(k) Plan
Source: https://planprovider.pro/companies/rad-power-bikes-inc-401k-plan

> Rad Power Bikes, LLC's 401(k) plan: 141 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Rad Power Bikes, LLC

- **Sponsor EIN:** 473439648

- **Sponsor Address:** 1128 NW 52ND STREET, SEATTLE, WA, 98107

- **Plan Type:** 401(k)

- **Total Participants:** 141

- **Total Assets:** $5.1M

## 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|141|$5.1M|$0|$717,238|

| 2023|181|$5.3M|$0|$1.1M|

| 2022|324|$4.3M|$821,326|$2.1M|

## 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|

| SWEENEY CONRAD, P.S.|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$58,308|$32,697|$25,611|—|—|

| 2023|$44,529|$18,201|$26,328|—|—|

| 2022|$57,674|$9,373|$34,302|—|$13,999|

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