Plan Snapshot
- Plan Sponsor: Rhodes Management Services, LLC
- Sponsor EIN: 843909789
- Sponsor Address: 200 SOUTH 10TH STREET, MCALLEN, TX, 78501
- Plan Type: 401(k)
- Total Participants: 200
- Total Assets: $5.8M
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 | 200 | $5.8M | $392,603 | $932,253 |
| 2023 | 161 | $4.5M | $381,248 | $823,451 |
| 2022 | 148 | $3.0M | $290,803 | $673,089 |
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 |
|---|---|---|---|---|
| DOEREN MAYHEW ASSURANCE | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DOEREN MAYHEW ASSURANCE — Auditor
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 | $19,013 | $16,193 | $2,820 | — | — |
| 2023 | $17,471 | $12,821 | $4,650 | — | — |
| 2022 | $13,035 | $10,185 | $2,850 | — | — |