Plan Snapshot
- Plan Sponsor: Rh2 Engineering INC.
- Sponsor EIN: 911108443
- Sponsor Address: 22722 29TH DRIVE SE, BOTHELL, WA, 980214401
- Plan Type: 401(k)
- Total Participants: 151
- Total Assets: $49.6M
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 | 151 | $49.6M | $1.5M | $1.9M |
| 2023 | 138 | $41.1M | $960,164 | $1.7M |
| 2022 | 135 | $37.8M | $1.1M | $1.5M |
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 | Recordkeeper | $96,918 | — | $96,918 |
| CAPFINANCIAL PARTNERS, LLC | Investment Advisor | $27,924 | $106 | $28,030 |
| TRUTINA FINANCIAL | Investment Advisor | $24,926 | $319 | $25,245 |
| HUNNEX AND SHOEMAKER INC | Other Service Provider | — | $10,652 | $10,652 |
| ORENDA RETIREMENT LLC | Recordkeeper | — | $5,970 | $5,970 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $166,815
- Estimated Expense Ratio: 0.336% 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 | $144,147 | $47,229 | $96,918 | — | — |
| 2023 | $79,074 | $43,788 | $35,286 | — | — |
| 2022 | $83,537 | $46,343 | $37,194 | — | — |