Plan Snapshot
- Plan Sponsor: Richardson Industries, INC.
- Sponsor EIN: 390760981
- Sponsor Address: 635 OLD COUNTY ROAD PP, SHEBOYGAN FALLS, WI, 53085
- Plan Type: 401(k)
- Total Participants: 180
- Total Assets: $19.0M
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 | 180 | $19.0M | $130,557 | $599,659 |
| 2023 | 174 | $18.1M | $129,340 | $564,243 |
| 2022 | 170 | $15.5M | $125,664 | $537,728 |
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 |
|---|---|---|---|---|
| KESTRA INVESTMENT SERVICES | Investment Advisor | — | $14,250 | $14,250 |
| INTEGRITY RETIREMENT PLAN SERVICES | Recordkeeper | — | $9,122 | $9,122 |
| RICHARDSON INDUSTRIES | Other Service Provider | $7,500 | — | $7,500 |
| VOYA RETIREMENT ADVISORS, LLC | Other Service Provider | $6,332 | — | $6,332 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA INVESTMENT SERVICES — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,204
- Estimated Expense Ratio: 0.196% 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 | $16,658 | $3,047 | $6,050 | $6,911 | — |
| 2023 | $15,193 | $2,531 | $3,646 | $6,716 | — |
| 2022 | $17,080 | — | $17,080 | — | — |