# Team Ronco Incorporated 401(k) Plan
Source: https://planprovider.pro/companies/team-ronco-incorporated-401k-plan

> Team Ronco Incorporated's 401(k) plan: 137 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Team Ronco Incorporated

- **Sponsor EIN:** 160905768

- **Sponsor Address:** 604 E FRONT STREET #324, CLAYTON, NC, 27520

- **Plan Type:** 401(k)

- **Total Participants:** 137

- **Total Assets:** $31.1M

## 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|137|$31.1M|$687,691|$1.3M|

| 2023|128|$30.5M|$440,588|$1.1M|

| 2022|124|$26.0M|$272,992|$1.0M|

## 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|

| FREED MAXICK CPA'S|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$68,846|—|$68,846|—|—|

| 2023|$67,579|—|$67,579|—|—|

| 2022|$68,501|—|$68,501|—|—|

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