Plan Snapshot
- Plan Sponsor: Romanoff Floor Covering, INC.
- Sponsor EIN: 581349072
- Sponsor Address: 2300 WINDY RIDGE PKWY. SE, ATLANTA, GA, 30339
- Plan Type: 401(k)
- Total Participants: 175
- Total Assets: $9.8M
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 | 175 | $9.8M | $276,205 | $616,056 |
| 2023 | 172 | $8.7M | $265,309 | $573,849 |
| 2022 | 181 | $7.9M | $289,504 | $651,868 |
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 LIFE AGENCY, INC | Investment Advisor | $32,870 | — | $32,870 |
| TRANSAMERICA FINANCIAL LIFE INS CO | Recordkeeper | $25,902 | — | $25,902 |
| FUTUREPLAN BY ASCENSUS | Recordkeeper | $6,850 | $11 | $6,861 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERRILL LYNCH LIFE AGENCY, INC — Investment Advisor
- TRANSAMERICA FINANCIAL LIFE INS CO — Recordkeeper
- FUTUREPLAN BY ASCENSUS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $65,633
- Estimated Expense Ratio: 0.670% 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 | $65,621 | — | $65,621 | — | — |
| 2023 | $62,228 | — | $62,228 | — | — |
| 2022 | $70,556 | — | $70,556 | — | — |