Plan Snapshot
- Plan Sponsor: Royal Oak Enterprises
- Sponsor EIN: 582496832
- Sponsor Address: 1 ROYAL OAK AVE, ROSWELL, GA, 300767583
- Plan Type: 401(k)
- Total Participants: 665
- Total Assets: $29.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 665 | $29.0M | $851,608 | $1.4M |
| 2023 | 664 | $25.8M | $727,614 | $1.3M |
| 2022 | 749 | $24.9M | $785,585 | $1.3M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $40,495 | — | $40,495 |
| MERRILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISOR | $40,348 | — | $40,348 |
| MORISON COGEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORISON COGEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $80,843
- Estimated Expense Ratio: 0.279% 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 | $80,843 | $40,348 | — | — | — |
| 2023 | $79,300 | $36,829 | — | — | — |
| 2022 | $62,942 | — | — | — | — |