Plan Snapshot
- Plan Sponsor: Ritz Instrument Transformers, INC.
- Sponsor EIN: 581943935
- Sponsor Address: 25 HAMBURG AVENUE, LAVONIA, GA, 30553
- Plan Type: 401(k)
- Total Participants: 303
- Total Assets: $6.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 303 | $6.0M | $510,131 | $757,565 |
| 2023 | 315 | $4.5M | $315,437 | $504,903 |
| 2022 | 179 | $3.2M | $236,507 | $345,225 |
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 |
|---|---|---|---|---|
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — 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 | $2,450 | — | $2,450 | — | — |
| 2023 | $1,884 | — | $1,884 | — | — |
| 2022 | $900 | — | $900 | — | — |