Plan Snapshot
- Plan Sponsor: Rivergate Kw Management LLC
- Sponsor EIN: 471241858
- Sponsor Address: 8200 NW 33RD STREET, MIAMI, FL, 33122
- Plan Type: 401(k)
- Total Participants: 447
- Total Assets: $4.9M
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 | 447 | $4.9M | $435,704 | $700,306 |
| 2023 | 478 | $3.4M | $382,115 | $628,911 |
| 2022 | 266 | $2.6M | $279,709 | $435,251 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $19,214 | — | $19,214 |
| NEWFRONT RETIREMENT SERVICES INC | ADVISOR | $10,913 | — | $10,913 |
| PAAST P.L. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,127
- Estimated Expense Ratio: 0.612% 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 | $30,127 | $10,913 | — | — | — |
| 2023 | $28,755 | $790 | — | — | — |
| 2022 | $42,069 | — | — | — | — |