# Readyone Industries 401(k) Plan
Source: https://planprovider.pro/companies/readyone-industries-401k-plan

> Readyone Industries's 401(k) plan: 515 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Readyone Industries

- **Sponsor EIN:** 742544266

- **Sponsor Address:** 1414 ABILITY DRIVE, EL PASO, TX, 799366415

- **Plan Type:** 401(k)

- **Total Participants:** 515

- **Total Assets:** $3.2M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** Yes

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|515|$3.2M|$93,506|$212,467|

| 2023|446|$2.8M|$73,954|$189,123|

| 2022|375|$2.3M|$73,811|$165,392|

## 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|

| LAUTERBACH, BORSCHOW & COMPANY|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|$47,803|—|$47,803|—|—|

| 2023|$29,862|—|$29,862|—|—|

| 2022|$34,260|—|$34,260|—|—|

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