Plan Snapshot
- Plan Sponsor: Re-Engineered Business Solutions, INC.
- Sponsor EIN: 542022913
- Sponsor Address: 280 CLEARLAKE RD, COCOA, FL, 329228672
- Plan Type: 401(k)
- Total Participants: 89
- Total Assets: $1.2M
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 | 89 | $1.2M | $40,176 | $223,250 |
| 2023 | 85 | $1.9M | $29,991 | $205,217 |
| 2022 | 114 | $1.9M | $29,070 | $226,480 |
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 |
|---|---|---|---|---|
| PENAN & SCOTT, P.C. | 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 | $1,040,613 | — | $12,767 | — | — |
| 2023 | $477,548 | — | $13,752 | — | — |
| 2022 | $11,357 | $5 | — | — | — |