Plan Snapshot
- Plan Sponsor: Rental Concepts, INC.
- Sponsor EIN: 341506081
- Sponsor Address: 695 BOSTON MILLS RD, HUDSON, OH, 44236
- Plan Type: 401(k)
- Total Participants: 373
- Total Assets: $20.2M
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 | 373 | $20.2M | $936,173 | $1.1M |
| 2023 | 263 | $16.8M | $805,810 | $934,605 |
| 2022 | 217 | $14.5M | $600,295 | $790,832 |
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 |
|---|---|---|---|---|
| ELLSWORTH ADVISORS, LLC | INVESTMENT/FINANCIAL ADVI | $36,361 | — | $36,361 |
| ADP, INC. | RECORD KEEPER | $15,179 | — | $15,179 |
| COHEN & COMPANY LTD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ELLSWORTH ADVISORS, LLC — INVESTMENT/FINANCIAL ADVI
- ADP, INC. — RECORD KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,540
- Estimated Expense Ratio: 0.255% 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 | $51,540 | $36,361 | — | — | — |
| 2023 | $36,178 | $30,383 | — | — | — |
| 2022 | $34,523 | — | — | — | — |