Plan Snapshot
- Plan Sponsor: Riccelli Holdings, INC.
- Sponsor EIN: 161404955
- Sponsor Address: 6131 E. TAFT RD., NORTH SYRACUSE, NY, 13212
- Plan Type: 401(k)
- Total Participants: 257
- Total Assets: $7.8M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2023 | 257 | $7.8M | $375,975 | $475,595 |
| 2022 | 198 | $6.6M | $365,061 | $449,828 |
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 |
|---|---|---|---|---|
| DERMODY, BURKE & BROWN CPA'S, LLC | NONE | $20,000 | — | $20,000 |
| LIFETIME BENEFIT SOLUTIONS | NONE | $13,612 | $1,598 | $15,210 |
| VOYA RETIREMENT INSURANCE AND ANNUI | NONE | $6,036 | $2,300 | $8,336 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,546
- Estimated Expense Ratio: 0.559% 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 |
|---|---|---|---|---|---|
| 2023 | $20,042 | $218 | $6,806 | $10,000 | — |
| 2022 | $7,546 | — | $7,546 | — | — |