Plan Snapshot
- Plan Sponsor: Refreshment Services, INC.
- Sponsor EIN: 371041383
- Sponsor Address: 3400 SOLAR AVE., SPRINGFIELD, IL, 62707
- Plan Type: 401(k)
- Total Participants: 484
- Total Assets: $23.4M
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 | 484 | $23.4M | $380,771 | $763,839 |
| 2023 | 448 | $22.9M | $387,954 | $760,563 |
| 2022 | 410 | $21.1M | $386,901 | $754,809 |
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 |
|---|---|---|---|---|
| NAVIGATE RETIREMENT SOLUTIONS | NONE | $46,542 | — | $46,542 |
| EPIC RETIREMENT PLAN SERVICES | NONE | $30,398 | — | $30,398 |
| CHARLES SCHWAB TRUST BANK | NONE | — | $7,123 | $7,123 |
| ECK, SCHAFER, & PUNKE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EPIC RETIREMENT PLAN SERVICES — NONE
- CHARLES SCHWAB TRUST BANK — NONE
- ECK, SCHAFER, & PUNKE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $84,063
- Estimated Expense Ratio: 0.359% 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 | $76,940 | $46,542 | — | — | — |
| 2023 | $71,015 | $42,132 | — | — | — |
| 2022 | $76,653 | $44,935 | — | — | — |