Plan Snapshot
- Plan Sponsor: Richards Building Supply Co.
- Sponsor EIN: 362958463
- Sponsor Address: 12070 W. 159TH STREET, HOMER GLEN, IL, 60491
- Plan Type: 401(k)
- Total Participants: 644
- Total Assets: $55.9M
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 | 644 | $55.9M | $1.9M | $3.4M |
| 2023 | 637 | $47.7M | $1.6M | $2.8M |
| 2022 | 620 | $39.1M | $1.4M | $2.3M |
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 |
|---|---|---|---|---|
| OLD NATIONAL BANK | ADVISOR | $44,167 | — | $44,167 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $33,948 | — | $33,948 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $13,650 | — | $13,650 |
| EIFEL RAMBO ADVISORY GROUP LTD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $91,765
- Estimated Expense Ratio: 0.164% 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 | $91,766 | $57,818 | $300 | — | — |
| 2023 | $77,763 | $32,739 | — | — | — |
| 2022 | $68,280 | — | — | — | — |