Plan Snapshot
- Plan Sponsor: Ready Computing LLC
- Sponsor EIN: 320545485
- Sponsor Address: 150 BEEKMAN ST 3RD FLOOR, NEW YORK, NY, 10038
- Plan Type: 401(k)
- Total Participants: 152
- Total Assets: $13.0M
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 | 152 | $13.0M | $670,116 | $1.3M |
| 2023 | 148 | $10.6M | $637,489 | $1.3M |
| 2022 | 156 | $7.2M | $619,166 | $1.3M |
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 |
|---|---|---|---|---|
| MORGAN STANLEY | INVESTMENT ADVISOR | $34,846 | — | $34,846 |
| EMPOWER LIFE & ANNUITY INSURANCE CO | RECORDKEEPER | $23,810 | — | $23,810 |
| MIKE AVERSANO CPA, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — INVESTMENT ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,656
- Estimated Expense Ratio: 0.450% 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 | $60,222 | $36,412 | — | — | — |
| 2023 | $34,468 | $20,116 | — | — | — |
| 2022 | $39,884 | $19,927 | $19,957 | — | — |