Plan Snapshot
- Plan Sponsor: Ramey-Estep Homes, INC.
- Sponsor EIN: 610595497
- Sponsor Address: 2901 PIGEON ROOST RD, RUSH, KY, 41168
- Plan Type: 401(k)
- Total Participants: 238
- Total Assets: $5.2M
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 | 238 | $5.2M | $328,010 | $467,569 |
| 2023 | 181 | $4.3M | $305,431 | $427,547 |
| 2022 | 212 | $3.4M | $287,679 | $411,637 |
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 |
|---|---|---|---|---|
| LEIF CLARKE WEALTH MANAGEMENT LLC | ADVISOR | $23,745 | — | $23,745 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $7,808 | — | $7,808 |
| KELLEY GALLOWAY SMITH GOOLSBY, PSC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- KELLEY GALLOWAY SMITH GOOLSBY, PSC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,553
- Estimated Expense Ratio: 0.608% 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 | $31,553 | $23,745 | — | — | — |
| 2023 | $26,941 | $19,071 | — | — | — |
| 2022 | $24,667 | — | — | — | — |