Plan Snapshot
- Plan Sponsor: Reiner Group, INC.
- Sponsor EIN: 223705189
- Sponsor Address: 11-07 RIVER ROAD, FAIR LAWN, NJ, 07410
- Plan Type: 401(k)
- Total Participants: 233
- Total Assets: $44.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 233 | $44.8M | $1.1M | $2.2M |
| 2023 | 226 | $38.2M | $911,003 | $1.8M |
| 2022 | 211 | $31.4M | $939,063 | $1.7M |
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 |
|---|---|---|---|---|
| CFS INVESTMENT ADVISORY SERVICES | Investment Advisor | $78,665 | — | $78,665 |
| EMPOWER ANNUITY INSUR CO OF AMERICA | Recordkeeper | $29,898 | — | $29,898 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $16,174 | — | $16,174 |
| NATIONAL PROFESS PLANNING GROUP INC | Other Service Provider | $4,000 | $10,000 | $14,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $138,737
- Estimated Expense Ratio: 0.310% 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 | $109,844 | — | $109,844 | — | — |
| 2023 | $87,984 | — | $87,984 | — | — |
| 2022 | $87,759 | — | $87,759 | — | — |