Plan Snapshot
- Plan Sponsor: Rummel Construction, INC.
- Sponsor EIN: 860826768
- Sponsor Address: 7520 E ADOBE DRIVE, SCOTTSDALE, AZ, 852554804
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 550
- Total Assets: $682,336
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. |
|---|---|---|---|---|
| 2023 | 550 | $682,336 | $2,296 | $2.4M |
| 2022 | 473 | $16.6M | $622,266 | $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 | $72,652 | — | $72,652 |
| CREATIVE PLANNING, INC | Investment Advisor | $22,482 | — | $22,482 |
| CAPFINANCIAL PARTNERS | Investment Advisor | $13,296 | — | $13,296 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CREATIVE PLANNING, INC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $108,430
- Estimated Expense Ratio: 15.891% 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 |
|---|---|---|---|---|---|
| 2023 | $108,431 | $35,779 | $72,652 | — | — |
| 2022 | $114,390 | $44,964 | $69,426 | — | — |