Plan Snapshot
- Plan Sponsor: Rmc 2021 LLC
- Sponsor EIN: 352429660
- Sponsor Address: 2300 WILSON BLVD, SUITE 752, ARLINGTON, VA, 22201
- Plan Type: 401(k)
- Total Participants: 175
- Total Assets: $13.5M
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 | 175 | $13.5M | $518,269 | $1.3M |
| 2022 | 129 | $7.8M | $542,684 | $1.0M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | CONSULTANT | $51,794 | $54 | $51,848 |
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $42,886 | — | $42,886 |
| ECONOMIC GROUP PENSION SERVICES INC | CONTRACT ADMINISTRATOR | $6,600 | $8,638 | $15,238 |
| SMITH & HOWARD, PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $109,972
- Estimated Expense Ratio: 0.814% 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 | $50,640 | — | $50,640 | — | — |
| 2022 | $68,764 | — | $68,764 | — | — |