# Rima Manufacturing Company 401(k) Plan
Source: https://planprovider.pro/companies/rima-manufacturing-company-401k-plan

> Rima Manufacturing Company's 401(k) plan: 143 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Rima Manufacturing Company

- **Sponsor EIN:** 381493951

- **Sponsor Address:** 3850 MUNSON HIGHWAY, HUDSON, MI, 49247

- **Plan Type:** 401(k)

- **Total Participants:** 143

- **Total Assets:** $5.5M

## 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.|

| 2024|143|$5.5M|$228,401|$346,852|

| 2023|164|$5.3M|$181,844|$360,915|

| 2022|137|$4.7M|$174,101|$361,958|

## 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|

| WILLIAM VAUGHAN COMPANY|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [WILLIAM VAUGHAN COMPANY](https://planprovider.pro/provider/william-vaughan-company) — Auditor

## 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|$35,140|$22,413|—|—|—|

| 2023|$37,838|$21,090|—|—|—|

| 2022|$46,064|—|—|—|—|

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