Plan Snapshot
- Plan Sponsor: Rhino Assembly Company, LLC
- Sponsor EIN: 562195716
- Sponsor Address: 7575-A WEST WINDS BLVD., CONCORD, NC, 28027
- Plan Type: 401(k)
- Total Participants: 334
- Total Assets: $19.2M
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 | 334 | $19.2M | $852,138 | $1.7M |
| 2023 | 236 | $16.6M | $701,276 | $1.4M |
| 2022 | 159 | $13.1M | $462,009 | $1.1M |
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 |
|---|---|---|---|---|
| KELLY PARTNERS (FRS) ATTEST SERVICE | 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 | $71,205 | — | — | — | — |
| 2023 | $64,689 | — | $64,689 | — | — |
| 2022 | $52,170 | — | $52,170 | — | — |