Plan Snapshot
- Plan Sponsor: Rig, LLC Dba Renaissance Insurance Group
- Sponsor EIN: 203648964
- Sponsor Address: 155 N WACKER DR, SUITE 820, CHICAGO, IL, 60606
- Plan Type: 401(k)
- Total Participants: 119
- Total Assets: $9.3M
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 | 119 | $9.3M | $188,427 | $1.1M |
| 2023 | 126 | $7.8M | $373,608 | $888,735 |
| 2022 | 136 | $5.3M | $175,788 | $738,536 |
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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | $20,897 | — | $20,897 |
| CARON & BLETZER, PLLC | Auditor | $15,400 | — | $15,400 |
| THE ANGELL PENSION GROUP INC | Other Service Provider | $5,902 | $8,358 | $14,260 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $10,692 | — | $10,692 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $8,383 | — | $8,383 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,632
- Estimated Expense Ratio: 0.752% 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 | $61,274 | — | — | — | — |
| 2023 | $41,008 | — | — | — | — |
| 2022 | $16,846 | — | — | — | — |