Plan Snapshot
- Plan Sponsor: Republic Elite, LLC
- Sponsor EIN: 752186130
- Sponsor Address: 15167 BUSINESS AVENUE, ADDISON, TX, 75001
- Plan Type: 401(k)
- Total Participants: 1,035
- Total Assets: $16.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2023 | 1,035 | $16.7M | $952,197 | $1.9M |
| 2022 | 1,053 | $14.2M | $912,202 | $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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISOR | $82,970 | — | $82,970 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $77,920 | — | $77,920 |
| RKL LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RKL LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $160,890
- Estimated Expense Ratio: 0.964% 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 |
|---|---|---|---|---|---|
| 2023 | $81,238 | $42,278 | — | — | — |
| 2022 | $60,119 | — | $60,119 | — | — |