Plan Snapshot
- Plan Sponsor: Roberts Energy, LLC
- Sponsor EIN: 813450263
- Sponsor Address: 237 ALBANY STREET, SPRINGFIELD, MA, 01105
- Plan Type: 401(k)
- Total Participants: 407
- Total Assets: $7.0M
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 | 407 | $7.0M | $260,376 | $843,805 |
| 2023 | 418 | $5.8M | $230,574 | $814,958 |
| 2022 | 261 | $2.3M | $89,777 | $365,134 |
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 |
|---|---|---|---|---|
| INSIGHT FOLIOS INC | Investment Advisor | $17,357 | — | $17,357 |
| TRANSAMERICA LIFE INSURANCE COMPANY | Recordkeeper | $14,825 | — | $14,825 |
| THE ANGELL PENSION GROUP, INC. | Recordkeeper | $14,371 | — | $14,371 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA LIFE INSURANCE COMPANY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,553
- Estimated Expense Ratio: 0.667% 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 | $37,758 | $37,758 | — | — | — |
| 2023 | $459,114 | — | — | — | — |
| 2022 | $13,050 | — | — | — | — |