Plan Snapshot
- Plan Sponsor: Ricart Automotive Personnel, INC.
- Sponsor EIN: 311314576
- Sponsor Address: 4255 SOUTH HAMILTON ROAD, GROVEPORT, OH, 43125
- Plan Type: 401(k)
- Total Participants: 758
- Total Assets: $36.2M
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 | 758 | $36.2M | $0 | $3.4M |
| 2023 | 669 | $31.6M | $270,723 | $3.5M |
| 2022 | 679 | $28.2M | $1.1M | $3.2M |
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 |
|---|---|---|---|---|
| NFP RETIREMENT INC | ADVISOR | $65,715 | — | $65,715 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $44,786 | — | $44,786 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $6,241 | — | $6,241 |
| SCHNEIDER DOWNS & CO., INC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NFP RETIREMENT INC — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- SCHNEIDER DOWNS & CO., INC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $116,742
- Estimated Expense Ratio: 0.323% 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 | $116,742 | $71,956 | $300 | — | — |
| 2023 | $100,258 | $63,237 | — | — | — |
| 2022 | $82,214 | $180 | — | — | — |