Plan Snapshot
- Plan Sponsor: Ripple Effect Communications, INC.
- Sponsor EIN: 200304104
- Sponsor Address: 9600 BLACKWELL ROAD, SUITE 210, ROCKVILLE, MD, 20850
- Plan Type: 401(k)
- Total Participants: 111
- Total Assets: $7.6M
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 | 111 | $7.6M | $299,024 | $626,997 |
| 2023 | 187 | $6.5M | $313,094 | $614,175 |
| 2022 | 157 | $5.0M | $289,865 | $600,746 |
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 |
|---|---|---|---|---|
| LION STREET ADVISORS LLC | Investment Advisor | $13,271 | — | $13,271 |
| SENTINEL BENEFITS GROUP, LLC | Recordkeeper | $9,622 | — | $9,622 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LION STREET ADVISORS LLC — Investment Advisor
- SENTINEL BENEFITS GROUP, LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,893
- Estimated Expense Ratio: 0.301% 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 | $34,252 | $17,993 | — | — | — |
| 2023 | $34,561 | $17,476 | — | — | — |
| 2022 | $25,258 | $11,915 | — | — | $13,343 |