Plan Snapshot
- Plan Sponsor: Rayonier Advanced Materials INC.
- Sponsor EIN: 464559529
- Sponsor Address: 1301 RIVERPLACE BLVD. SUITE 2300, JACKSONVILLE, FL, 322079062
- Plan Type: 401(k)
- Total Participants: 217
- Total Assets: $22.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 217 | $22.9M | $770,370 | $1.2M |
| 2023 | 228 | $21.5M | $721,722 | $1.2M |
| 2022 | 244 | $21.2M | $683,870 | $1.2M |
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 |
|---|---|---|---|---|
| ENNIS, PELLUM & ASSOCIATES, CPAS | ACCOUNTANT/AUDITOR | $37,423 | — | $37,423 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $21,764 | — | $21,764 |
| NFP RETIREMENT | CONSULTANT | $5,295 | — | $5,295 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ENNIS, PELLUM & ASSOCIATES, CPAS — ACCOUNTANT/AUDITOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- NFP RETIREMENT — CONSULTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,482
- Estimated Expense Ratio: 0.282% 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 | $64,482 | — | $1,200 | $37,423 | — |
| 2023 | $48,832 | $15,649 | — | $20,362 | — |
| 2022 | $71,059 | $38,647 | $8,389 | — | $15,324 |