Plan Snapshot
- Plan Sponsor: Residential Opportunities, Incorporated
- Sponsor EIN: 382185735
- Sponsor Address: 1100 SOUTH ROSE STREET, KALAMAZOO, MI, 490012664
- Plan Type: 403(b)
- Total Participants: 405
- Total Assets: $6.5M
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 | 405 | $6.5M | $214,553 | $490,299 |
| 2023 | 381 | $5.6M | $195,202 | $457,730 |
| 2022 | 363 | $4.1M | $188,243 | $418,594 |
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 |
|---|---|---|---|---|
| CLARK SCHAEFER HACKETT & CO. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $13,345 | $13,345 | — | — | — |
| 2023 | $10,982 | $10,822 | — | — | — |
| 2022 | $10,959 | — | $10,959 | — | — |