Plan Snapshot
- Plan Sponsor: Rhf Investments, INC.
- Sponsor EIN: 462232330
- Sponsor Address: P.O. BOX 608, HICKORY, NC, 28603
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 1,763
- Total Assets: $57.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 1,763 | $57.2M | $0 | $0 |
| 2024 | 1,616 | $50.4M | $1.0M | $3.4M |
| 2023 | 1,690 | $46.9M | $944,812 | $3.1M |
| 2022 | 1,640 | $43.1M | $1.5M | $2.8M |
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 | $177,645 | — | $177,645 |
| MMA SECURITIES LLC | Other Service Provider | $43,000 | — | $43,000 |
| SMITH LEONARD PLLC | Other Service Provider | $12,600 | — | $12,600 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $233,245
- Estimated Expense Ratio: 0.408% 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 |
|---|---|---|---|---|---|
| 2025 | $6,626,923 | $43,000 | $177,645 | $12,600 | — |
| 2024 | $222,089 | — | $162,531 | — | — |
| 2023 | $212,274 | — | $154,874 | — | — |
| 2022 | $210,530 | — | $141,447 | — | $69,083 |