Plan Snapshot
- Plan Sponsor: Ryze Claim Solutions LLC
- Sponsor EIN: 352072320
- Sponsor Address: 14701 CUMBERLAND ROAD, NOBLESVILLE, IN, 460604374
- Plan Type: 401(k)
- Total Participants: 182
- Total Assets: $14.9M
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 | 182 | $14.9M | $359,811 | $1.2M |
| 2023 | 221 | $13.6M | $424,832 | $1.3M |
| 2022 | 207 | $11.1M | $345,866 | $936,846 |
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 | CONTRACT ADMINISTRATOR | $36,211 | — | $36,211 |
| MORGAN STANLEY GLOBAL | INVESTMENT ADVISORY | $8,624 | — | $8,624 |
| THOMAS HOWELL FERGUSON | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY GLOBAL — INVESTMENT ADVISORY
- THOMAS HOWELL FERGUSON — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $44,835
- Estimated Expense Ratio: 0.301% 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 | $44,834 | $8,623 | $36,211 | — | — |
| 2023 | $67,343 | $37,521 | $29,822 | — | — |
| 2022 | $51,958 | $23,689 | $28,269 | — | — |