Plan Snapshot
- Plan Sponsor: Romarco Minerals U.S. INC.
- Sponsor EIN: 050580688
- Sponsor Address: 6911 SNOWY OWL RD, KERSHAW, SC, 29067
- Plan Type: 401(k)
- Total Participants: 711
- Total Assets: $30.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 711 | $30.9M | $2.4M | $4.4M |
| 2023 | 617 | $25.1M | $2.1M | $3.8M |
| 2022 | 599 | $18.9M | $1.9M | $3.4M |
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 |
|---|---|---|---|---|
| BROAD STREET CAPITAL PARTNERS LLC | INVESTMENT ADVISOR | $54,455 | — | $54,455 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $15,596 | — | $15,596 |
| WEALTH ENHANCEMENT ADVISORY SERVICE | INVESTMENT ADVISOR | $11,933 | — | $11,933 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $9,910 | — | $9,910 |
| BAUKNIGHT, PIETRAS & STORMER, P | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAUKNIGHT, PIETRAS & STORMER, P — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $91,894
- Estimated Expense Ratio: 0.297% 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 | $91,894 | $76,298 | — | — | — |
| 2023 | $61,489 | $5,673 | — | — | — |
| 2022 | $101,216 | $53,830 | $47,386 | — | — |