Plan Snapshot
- Plan Sponsor: Rod N Reel, INC.
- Sponsor EIN: 521110984
- Sponsor Address: 4160 MEARS AVE, CHESAPEAKE BEACH, MD, 20732
- Plan Type: 401(k)
- Total Participants: 116
- Total Assets: $5.8M
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 | 116 | $5.8M | $115,480 | $228,461 |
| 2023 | 123 | $5.0M | $91,245 | $192,718 |
| 2022 | 109 | $4.5M | $86,016 | $191,781 |
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 |
|---|---|---|---|---|
| GRANDIZIO, WILKENS, LITTLE, MATTHEW | 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 | $21,925 | $15,946 | — | — | — |
| 2023 | $22,514 | $21,503 | — | — | — |
| 2022 | $23,061 | $16,815 | — | — | — |