Plan Snapshot
- Plan Sponsor: Rust Enterprises, INC.
- Sponsor EIN: 561047356
- Sponsor Address: 4260 FAYETTEVILLE ROAD, LUMBERTON, NC, 28358
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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 | 0 | $0 | $29,148 | $41,225 |
| 2023 | 390 | $4.1M | $103,785 | $178,442 |
| 2022 | 186 | $3.8M | $93,870 | $149,201 |
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 |
|---|---|---|---|---|
| ASCENSUS, LLC | RECORDKEEPER | $37,894 | — | $37,894 |
| ONE DIGITAL INVESTMENT ADVISORS | INVESTMENT ADVISOR | $21,848 | — | $21,848 |
| ADAMSBROWN, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ASCENSUS, LLC — RECORDKEEPER
- ADAMSBROWN, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,742
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 | $4,069 | $275 | $185 | — | — |
| 2023 | $29,871 | $10,924 | — | — | — |
| 2022 | $34,182 | $10,008 | $24,174 | — | — |