Plan Snapshot
- Plan Sponsor: Radiance Technologies
- Sponsor EIN: 631204084
- Sponsor Address: 310 BOB HEATH DR NW, HUNTSVILLE, AL, 358062969
- Plan Type: 401(k)
- Total Participants: 2,432
- Total Assets: $170.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 2,432 | $170.2M | $11.2M | $10.5M |
| 2023 | 1,037 | $147.5M | $10.0M | $10.2M |
| 2022 | 1,001 | $117.0M | $7.2M | $9.0M |
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 |
|---|---|---|---|---|
| STIFEL NICOLAUS & CO INC | ADVISOR | $97,107 | — | $97,107 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $46,250 | — | $46,250 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $24,042 | — | $24,042 |
| WARREN AVERETT, LLC | ACCOUNTANT/AUDITOR | $23,903 | — | $23,903 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STIFEL NICOLAUS & CO INC — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- WARREN AVERETT, LLC — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $191,302
- Estimated Expense Ratio: 0.112% 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 | $189,397 | $121,149 | $300 | $23,903 | — |
| 2023 | $201,455 | $114,032 | $1,500 | $23,300 | — |
| 2022 | $131,762 | $5,060 | — | — | — |