Plan Snapshot
- Plan Sponsor: Royal Cup, INC.
- Sponsor EIN: 630281988
- Sponsor Address: 160 CLEAGE DRIVE, BIRMINGHAM, AL, 35217
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 714
- Total Assets: $52.3M
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. |
|---|---|---|---|---|
| 2025 | 714 | $52.3M | $0 | $0 |
| 2024 | 552 | $46.9M | $739,882 | $2.9M |
| 2023 | 529 | $47.3M | $640,006 | $2.5M |
| 2022 | 552 | $40.4M | $666,505 | $2.5M |
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 | $99,725 | — | $99,725 |
| CAPFINANCIAL PARTNERS LL | Other Service Provider | $71,901 | $31 | $71,932 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $171,657
- Estimated Expense Ratio: 0.328% 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 |
|---|---|---|---|---|---|
| 2025 | $5,785,728 | $57,775 | $99,725 | — | — |
| 2024 | $157,220 | $52,303 | $91,541 | — | — |
| 2023 | $165,645 | $78,108 | $87,537 | — | — |
| 2022 | $89,412 | $11,779 | $77,633 | — | — |