Plan Snapshot
- Plan Sponsor: Rxbenefits, INC.
- Sponsor EIN: 631157085
- Sponsor Address: 3700 COLONNADE PARKWAY SUITE 600, BIRMINGHAM, AL, 35243
- Plan Type: 401(k)
- Total Participants: 1,105
- Total Assets: $61.0M
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 | 1,105 | $61.0M | $3.2M | $8.2M |
| 2023 | 925 | $49.7M | $2.7M | $6.8M |
| 2022 | 803 | $35.9M | $3.2M | $6.0M |
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 |
|---|---|---|---|---|
| BLACK AND PINCKARD LLC | Auditor | $13,000 | — | $13,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BLACK AND PINCKARD LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,000
- Estimated Expense Ratio: 0.021% 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 | $287,823 | $162,784 | — | $13,000 | — |
| 2023 | $214,974 | $127,082 | $1,200 | — | — |
| 2022 | $195,867 | $7,426 | — | — | — |