Plan Snapshot
- Plan Sponsor: Rfs Technologies INC.
- Sponsor EIN: 133379797
- Sponsor Address: 200 PONDVIEW DRIVE, MERIDEN, CT, 06450
- Plan Type: 401(k)
- Total Participants: 150
- Total Assets: $29.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 150 | $29.1M | $476,288 | $718,400 |
| 2023 | 148 | $27.9M | $578,459 | $922,629 |
| 2022 | 219 | $24.8M | $671,502 | $1.1M |
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 |
|---|---|---|---|---|
| BEERS, HAMERMAN, COHEN & BURGER, PC | 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 | $47,502 | $11,257 | — | — | — |
| 2023 | $48,554 | $7,613 | $300 | — | — |
| 2022 | $52,562 | $7,782 | — | — | — |