Plan Snapshot
- Plan Sponsor: Richard Design Services, INC.
- Sponsor EIN: 202036476
- Sponsor Address: 750 PEARL STREET, BEAUMONT, TX, 77701
- Plan Type: 401(k)
- Total Participants: 414
- Total Assets: $4.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 414 | $4.0M | $162,544 | $439,267 |
| 2023 | 691 | $3.4M | $165,830 | $457,117 |
| 2022 | 851 | $2.7M | $150,265 | $402,489 |
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 |
|---|---|---|---|---|
| LAWRENCE, BLACKBURN, MEEK, MAXEY & | Auditor | — | — | $0 |
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 | $18,100 | — | $18,100 | — | — |
| 2023 | $16,645 | — | — | — | — |
| 2022 | $10,477 | — | $10,477 | — | — |