# Reconserve, INC. 401(k) Plan
Source: https://planprovider.pro/companies/reconserve-inc-401k-plan

> Reconserve, INC.'s 401(k) plan: 429 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Reconserve, INC.

- **Sponsor EIN:** 952466182

- **Sponsor Address:** 2811 WILSHIRE BLVD 410, SANTA MONICA, CA, 90403

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

- **Total Participants:** 429

- **Total Assets:** $18.6M

## 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|429|$18.6M|$299,099|$1.4M|

| 2023|359|$16.2M|$266,260|$1.1M|

| 2022|328|$14.3M|$233,815|$937,096|

## 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|

| WRIGHT FORD YOUNG & CO|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [WRIGHT FORD YOUNG & CO](https://planprovider.pro/provider/wright-ford-young-and-co) — 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|$68,286|$412|$66,357|—|—|

| 2023|$54,813|$30,523|$22,960|—|—|

| 2022|$89,116|$75,744|$11,972|—|—|

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