Plan Snapshot
- Plan Sponsor: Reva INC.
- Sponsor EIN: 650750314
- Sponsor Address: 2101 WEST COMMERCIAL BLVD, FORT LAUDERDALE, FL, 33309
- Plan Type: 401(k)
- Total Participants: 114
- Total Assets: $5.3M
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 | 114 | $5.3M | $317,205 | $655,933 |
| 2023 | 106 | $4.9M | $255,178 | $509,319 |
| 2022 | 104 | $3.9M | $247,919 | $479,153 |
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 |
|---|---|---|---|---|
| KP LYNCH CPA PC | 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 | $28,809 | $15,985 | — | — | — |
| 2023 | $24,141 | $22,791 | — | — | — |
| 2022 | $25,376 | — | — | — | — |