Plan Snapshot
- Plan Sponsor: Rising Holdings, INC.,Dba Rising Medical Solutions
- Sponsor EIN: 364276352
- Sponsor Address: 325 N LASALLE ST STE 600, CHICAGO, IL, 60654
- Plan Type: 401(k)
- Total Participants: 197
- Total Assets: $22.2M
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 | 197 | $22.2M | $322,583 | $1.2M |
| 2023 | 176 | $20.2M | $290,085 | $1.1M |
| 2022 | 160 | $16.7M | $255,559 | $908,873 |
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 |
|---|---|---|---|---|
| ROTHSCHILD INVESTMENT CORP | ADVISOR | $16,268 | — | $16,268 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $6,550 | — | $6,550 |
| DUFEK & CO, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- DUFEK & CO, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,818
- Estimated Expense Ratio: 0.103% 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 | $19,240 | $22,818 | — | — | — |
| 2023 | -$6,202 | $18,188 | — | — | — |
| 2022 | $25,826 | $2,561 | — | — | — |