Plan Snapshot
- Plan Sponsor: Rhino, INC.
- Sponsor EIN: 411811277
- Sponsor Address: 411 WEST CONGRESS STREET, MAPLE LAKE, MN, 55358
- Plan Type: 401(k)
- Total Participants: 109
- Total Assets: $3.7M
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 | 109 | $3.7M | $158,987 | $415,506 |
| 2023 | 139 | $2.7M | $146,243 | $415,746 |
| 2022 | 119 | $1.9M | $142,073 | $393,444 |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | NONE | $18,227 | — | $18,227 |
| CHRISTENSEN GROUP FINANCIAL | NONE | $15,628 | — | $15,628 |
| REDPATH AND COMPANY LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — NONE
- REDPATH AND COMPANY LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,855
- Estimated Expense Ratio: 0.921% 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 | $34,830 | $15,628 | $18,227 | — | — |
| 2023 | $30,680 | $10,924 | $14,981 | — | — |
| 2022 | $22,586 | — | — | — | $22,586 |