Plan Snapshot
- Plan Sponsor: Recycling Management Resources, LLC
- Sponsor EIN: 261723297
- Sponsor Address: 35 WATERVIEW BLVD., PARSIPPANY, NJ, 07054
- Plan Type: 401(k)
- Total Participants: 276
- Total Assets: $13.9M
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 | 276 | $13.9M | $431,672 | $814,578 |
| 2023 | 307 | $11.0M | $368,285 | $712,716 |
| 2022 | 305 | $8.6M | $355,322 | $714,311 |
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 |
|---|---|---|---|---|
| BARATZ & ASSOCIATES, P.A. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BARATZ & ASSOCIATES, P.A. — 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 | $17,753 | $6,530 | — | — | — |
| 2023 | $61,381 | $5,492 | — | — | — |
| 2022 | $81,920 | — | — | — | $5,084 |