Plan Snapshot
- Plan Sponsor: Rural Comm Holding Corp, INC.
- Sponsor EIN: 205269849
- Sponsor Address: 123 WEST 7TH STREET, BLUE EARTH, MN, 56013
- Plan Type: 401(k)
- Total Participants: 120
- Total Assets: $21.6M
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 | 120 | $21.6M | $337,289 | $852,291 |
| 2023 | 114 | $18.8M | $326,136 | $774,673 |
| 2022 | 120 | $15.7M | $256,783 | $714,820 |
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 |
|---|---|---|---|---|
| OLSEN THIELEN & CO, LTD | Auditor | $5,500 | — | $5,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- OLSEN THIELEN & CO, LTD — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,500
- Estimated Expense Ratio: 0.025% 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 | $66,635 | $33,324 | — | $5,500 | — |
| 2023 | $61,898 | $35,914 | $25,934 | — | — |
| 2022 | $60,596 | — | — | — | — |