Plan Snapshot
- Plan Sponsor: Ricoma International Corporati
- Sponsor EIN: 800172192
- Sponsor Address: 11555 NW 124TH ST, MEDLEY, FL, 331783193
- Plan Type: 401(k)
- Total Participants: 80
- Total Assets: $1.4M
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 | 80 | $1.4M | $189,209 | $245,285 |
| 2023 | 154 | $1.2M | $228,499 | $278,507 |
| 2022 | 125 | $674,564 | $148,871 | $179,495 |
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 |
|---|---|---|---|---|
| PAYCHEX, INC. | RECORDKEEPER | $11,489 | — | $11,489 |
| 401K GENERATION | CONTRACT ADMINISTRATOR | $5,639 | — | $5,639 |
| BETHKE CPA, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — RECORDKEEPER
- BETHKE CPA, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,128
- Estimated Expense Ratio: 1.263% 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 | $17,967 | $930 | $16,365 | — | — |
| 2023 | $11,414 | $546 | $10,868 | — | — |
| 2022 | $6,484 | $335 | $6,149 | — | — |