Plan Snapshot
- Plan Sponsor: Raecom Holdings, LLC
- Sponsor EIN: 202052978
- Sponsor Address: 4701 I-10 EAST, BAYTOWN, TX, 77521
- Plan Type: Health & Welfare
- Plan Number: 505
- Total Participants: 155
- Total Assets: $39,576
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 | 155 | $39,576 | $1.2M | $655,559 |
| 2023 | 136 | $279,571 | $1.0M | $635,995 |
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 |
|---|---|---|---|---|
| ENTRUST, LLC DBA 90 DEGREE BENEFITS | Recordkeeper | $190,227 | — | $190,227 |
| FREMIN INSURANCE & RISK MANAGEMENT | Insurance Carrier | $45,227 | — | $45,227 |
| GIS BENEFITS, INC. | Insurance Carrier | $21,776 | — | $21,776 |
| BOON CHAPMAN BENEFIT ADMINISTRATORS | Recordkeeper | $8,686 | — | $8,686 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $265,916
- Estimated Expense Ratio: 671.912% 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 | $190,227 | — | $190,227 | — | — |
| 2023 | $199,070 | — | — | — | — |