Plan Snapshot
- Plan Sponsor: Royal Neighbors Of America
- Sponsor EIN: 361711198
- Sponsor Address: 230 16TH ST, ROCK ISLAND, IL, 612018608
- Plan Type: 401(k)
- Total Participants: 155
- Total Assets: $34.3M
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. |
|---|---|---|---|---|
| 2024 | 155 | $34.3M | $1.1M | $1.1M |
| 2023 | 149 | $29.7M | $907,663 | $1.0M |
| 2022 | 146 | $24.7M | $881,250 | $922,669 |
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 | CONTRACT ADMINISTRATOR | $65,308 | — | $65,308 |
| CAPFINANCIAL PARTNERS, LLC | CONSULTANT | — | $18,259 | $18,259 |
| PRINCIPAL SECURITIES, INC. | INV ADV, PARTICIPANTS | — | $10,000 | $10,000 |
| KERBER, ECK & BRAECKEL, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KERBER, ECK & BRAECKEL, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $93,567
- Estimated Expense Ratio: 0.273% 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 | $65,305 | — | $65,305 | — | — |
| 2023 | $53,999 | — | $53,999 | — | — |
| 2022 | $40,940 | — | $40,940 | — | — |