Plan Snapshot
- Plan Sponsor: Readycap Commercial, LLC
- Sponsor EIN: 461043031
- Sponsor Address: 200 CONNELL DRIVE, BERKELEY HEIGHTS, NJ, 07922
- Plan Type: 401(k)
- Total Participants: 214
- Total Assets: $23.8M
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 | 214 | $23.8M | $550,262 | $2.5M |
| 2023 | 201 | $21.4M | $307,855 | $2.7M |
| 2022 | 225 | $14.8M | $383,327 | $2.9M |
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 |
|---|---|---|---|---|
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
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 | $94,634 | $23,449 | — | — | — |
| 2023 | $99,571 | $39,668 | — | — | — |
| 2022 | $89,244 | — | — | — | $89,244 |