Plan Snapshot
- Plan Sponsor: Ruge'S Auto Group, INC.
- Sponsor EIN: 872552525
- Sponsor Address: 6444 MONTGOMERY STREET, RHINEBECK, NY, 12572
- Plan Type: 401(k)
- Total Participants: 109
- Total Assets: $7.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 109 | $7.6M | $256,318 | $497,421 |
| 2023 | 104 | $6.3M | $237,615 | $472,734 |
| 2022 | 108 | $4.9M | $150,000 | $396,368 |
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 |
|---|---|---|---|---|
| WASCHITZ PAVLORFF CPA LLP | AUDITOR | $20,000 | — | $20,000 |
| WASCHITZ PAVLOFF CPA, LLP | Auditor | $20,000 | — | $20,000 |
| WILMINGTON TRUST, N.A. | OTHER | $16,662 | — | $16,662 |
| N.A. FALCONE & ASSOCIATES, INC. | CONTRACT ADMINISTRATOR | $9,710 | — | $9,710 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WASCHITZ PAVLOFF CPA, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,372
- Estimated Expense Ratio: 0.874% 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 | $71,192 | — | $1,180 | $20,000 | — |
| 2023 | $59,540 | — | $1,580 | $20,000 | — |
| 2022 | $55,217 | — | — | — | — |