Plan Snapshot
- Plan Sponsor: Ridgewood Energy Corp
- Sponsor EIN: 760036505
- Sponsor Address: 14 PHILIPS PARKWAY, MONTVALE, NJ, 07645
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 114
- Total Assets: $55.4M
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. |
|---|---|---|---|---|
| 2025 | 114 | $55.4M | $0 | $0 |
| 2024 | 86 | $47.5M | $528,100 | $1.7M |
| 2023 | 82 | $40.2M | $502,800 | $1.6M |
| 2022 | 80 | $32.5M | $474,594 | $1.5M |
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 |
|---|---|---|---|---|
| SFI ADVISORS, LLC | Investment Advisor | $97,802 | — | $97,802 |
| ADP, INC. | Recordkeeper | $14,549 | — | $14,549 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $112,351
- Estimated Expense Ratio: 0.203% 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 |
|---|---|---|---|---|---|
| 2025 | $2,315,474 | $97,802 | — | — | — |
| 2024 | $96,949 | $83,478 | — | — | — |
| 2023 | $82,483 | $69,135 | — | — | — |
| 2022 | $155,851 | — | — | — | — |