Plan Snapshot
- Plan Sponsor: Revolution Technologies, LLC
- Sponsor EIN: 651129030
- Sponsor Address: 1000 REVOLUTION TECHNOLOGIES WAY, MELBOURNE, FL, 329011810
- Plan Type: 401(k)
- Total Participants: 244
- Total Assets: $5.8M
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. |
|---|---|---|---|---|
| 2024 | 244 | $5.8M | $0 | $1.2M |
| 2023 | 233 | $4.7M | $0 | $1.1M |
| 2022 | 225 | $2.8M | $0 | $902,148 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $79,962 | — | $79,962 |
| MERRILL LYNCH PIERCE FENNER & SMITH | CONSULTANT | $26,288 | $19 | $26,307 |
| KESTRA ADVISORY SERVICES, LLC | INVESTMENT ADVISORY | $10,295 | $2 | $10,297 |
| BERMAN HOPKINS WRIGHT & LAHAM CPAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA ADVISORY SERVICES, LLC — INVESTMENT ADVISORY
- BERMAN HOPKINS WRIGHT & LAHAM CPAS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $116,566
- Estimated Expense Ratio: 1.997% 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 | $135,483 | $23,156 | $99,183 | — | — |
| 2023 | $117,576 | — | $117,576 | — | — |
| 2022 | $97,400 | $9,056 | $79,288 | — | $9,056 |