Plan Snapshot
- Plan Sponsor: Real Alloy Recycling, LLC
- Sponsor EIN: 825404934
- Sponsor Address: 3700 PARK EAST DRIVE, BEACHWOOD, OH, 44122
- Plan Type: 401(k)
- Total Participants: 802
- Total Assets: $74.8M
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 | 802 | $74.8M | $1.9M | $3.7M |
| 2023 | 796 | $68.7M | $1.8M | $3.4M |
| 2022 | 762 | $59.4M | $1.7M | $3.1M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $102,239 | — | $102,239 |
| ACTUARIAL BENEFITS CORPORATION | CONSULTANT | — | $41,098 | $41,098 |
| UBS FINANCIAL SERVICES, INC. | INVESTMENT ADVISOR | $31,850 | — | $31,850 |
| PENSION ASSURANCE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES, INC. — INVESTMENT ADVISOR
- PENSION ASSURANCE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $175,187
- Estimated Expense Ratio: 0.234% 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 | $102,240 | — | $102,240 | — | — |
| 2023 | $88,910 | — | $88,910 | — | — |
| 2022 | $28,319 | — | $28,319 | — | — |