Plan Snapshot
- Plan Sponsor: Rhodes International, INC.
- Sponsor EIN: 880263103
- Sponsor Address: PO BOX 95963, SOUTH JORDAN, UT, 840950963
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 266
- Total Assets: $33.1M
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. |
|---|---|---|---|---|
| 2025 | 266 | $33.1M | $0 | $0 |
| 2024 | 231 | $28.2M | $581,044 | $1.3M |
| 2023 | 219 | $24.1M | $553,562 | $1.2M |
| 2022 | 223 | $19.4M | $523,995 | $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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $87,319 | — | $87,319 |
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | — | $43,713 | $43,713 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $131,032
- Estimated Expense Ratio: 0.396% 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 | $1,426,044 | — | $87,320 | — | — |
| 2024 | $81,348 | — | $81,348 | — | — |
| 2023 | $66,856 | — | $66,856 | — | — |
| 2022 | $61,558 | — | $61,558 | — | — |