Plan Snapshot
- Plan Sponsor: Rago Enterprises, LLC
- Sponsor EIN: 261647269
- Sponsor Address: 5610 FM 2218, RICHMOND, TX, 77469
- Plan Type: Health & Welfare
- Plan Number: 505
- Total Participants: 279
- Total Assets: $189,254
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 | 279 | $189,254 | $1.5M | $328,330 |
| 2023 | 307 | $74,112 | $665,427 | $318,056 |
| 2022 | 372 | $24,814 | $1.2M | $307,638 |
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 | $122,693 | — | $122,693 |
| MEDICAL HELPLINE, LLC | Other Service Provider | $33,912 | — | $33,912 |
| FIRST HEALTH | Other Service Provider | — | $12,737 | $12,737 |
| INTERFACE EAP | Other Service Provider | — | $8,435 | $8,435 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $177,777
- Estimated Expense Ratio: 93.936% 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 | $122,693 | — | $122,693 | — | — |
| 2023 | $146,974 | — | $146,974 | — | — |
| 2022 | $111,624 | — | — | — | — |