Plan Snapshot
- Plan Sponsor: Rise Residential, LLC
- Sponsor EIN: 471371687
- Sponsor Address: 129 N. PATTERSON STREET, VALDOSTA, GA, 31601
- Plan Type: 401(k)
- Total Participants: 167
- Total Assets: $6.0M
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. |
|---|---|---|---|---|
| 2023 | 167 | $6.0M | $94,002 | $570,711 |
| 2022 | 158 | $4.6M | $72,645 | $503,769 |
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 |
|---|---|---|---|---|
| INFINEX INVESTMENTS, INC. | RIA | $24,470 | — | $24,470 |
| CARR, RIGGS & INGRAM, LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,470
- Estimated Expense Ratio: 0.411% 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 |
|---|---|---|---|---|---|
| 2023 | $51,890 | $20,022 | $24,687 | — | — |
| 2022 | $45,596 | $17,225 | $21,526 | — | $6,845 |