Plan Snapshot
- Plan Sponsor: Richmond Home Need Services
- Sponsor EIN: 132688124
- Sponsor Address: 4456 AMBOY ROAD - 2ND FLOOR, STATEN ISLAND, NY, 10312
- Plan Type: 401(k)
- Total Participants: 249
- Total Assets: $2.1M
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. |
|---|---|---|---|---|
| 2024 | 249 | $2.1M | $84,049 | $32,407 |
| 2023 | 255 | $1.9M | $85,400 | $29,942 |
| 2022 | 264 | $1.7M | $64,808 | $31,372 |
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 |
|---|---|---|---|---|
| WRIGHT, MOORE, DEHART, DUPUIS & HUT | 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 | $4,625 | — | — | — | — |
| 2023 | $4,779 | — | $4,779 | — | — |
| 2022 | $4,300 | — | — | — | $4,300 |