Plan Snapshot
- Plan Sponsor: Rudd Equipment Company, INC.
- Sponsor EIN: 610445955
- Sponsor Address: 4344 POPLAR LEVEL ROAD, LOUISVILLE, KY, 40213
- Plan Type: 401(k)
- Total Participants: 267
- Total Assets: $62.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 267 | $62.3M | $2.0M | $2.0M |
| 2023 | 248 | $60.8M | $1.6M | $2.0M |
| 2022 | 270 | $50.8M | $1.4M | $1.8M |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $67,201 | $30,514 | $36,687 | — | — |
| 2023 | $65,764 | $26,564 | $31,519 | — | — |
| 2022 | $48,416 | $11,658 | $36,758 | — | — |