Plan Snapshot
- Plan Sponsor: Reed City Group, LLC
- Sponsor EIN: 271173056
- Sponsor Address: 603 E. CHURCH STREET, REED CITY, MI, 49677
- Plan Type: 401(k)
- Total Participants: 180
- Total Assets: $7.3M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 180 | $7.3M | $319,467 | $534,199 |
| 2023 | 168 | $6.0M | $292,156 | $475,411 |
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 |
|---|---|---|---|---|
| NEWSQUARE CAPITAL, LLC | Investment Advisor | $22,247 | — | $22,247 |
| PCS RETIREMENT, LLC | Recordkeeper | $16,799 | — | $16,799 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PCS RETIREMENT, LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,046
- Estimated Expense Ratio: 0.535% 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 | $45,032 | $28,233 | $16,799 | — | — |
| 2023 | $34,222 | $17,602 | $16,620 | — | — |