Plan Snapshot
- Plan Sponsor: Rolling V Bus Corp
- Sponsor EIN: 223052888
- Sponsor Address: 5008 STATE ROUTE 42, SOUTH FALLSBURG, NY, 12779
- Plan Type: 401(k)
- Total Participants: 469
- Total Assets: $48,479
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 | 469 | $48,479 | $133,090 | $313,552 |
| 2023 | 379 | $3.8M | $153,181 | $362,745 |
| 2022 | 669 | $4.2M | $137,949 | $336,937 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $31,139 | — | $31,139 |
| WELLS FARGO CLEARING SERVICES LLC | Investment Advisor | $12,732 | $5 | $12,737 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,876
- Estimated Expense Ratio: 90.505% 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 | $43,871 | $12,732 | $31,139 | — | — |
| 2023 | $46,617 | $11,516 | $35,101 | — | — |
| 2022 | $48,820 | $13,000 | $35,820 | — | — |