Plan Snapshot
- Plan Sponsor: Riverside Military Academy, INC.
- Sponsor EIN: 580616994
- Sponsor Address: 2001 RIVERSIDE DRIVE, GAINESVILLE, GA, 30501
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 88
- Total Assets: $18.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 88 | $18.6M | $244,844 | $231,581 |
| 2023 | 89 | $17.1M | $265,211 | $254,474 |
| 2022 | 173 | $16.4M | $278,493 | $275,200 |
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 |
|---|---|---|---|---|
| SMITH & HOWARD, P.C. | Auditor | — | — | $0 |
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 | $3,499 | — | $3,499 | — | — |
| 2023 | $1,859 | — | $1,859 | — | — |
| 2022 | $260 | — | $260 | — | — |