Plan Snapshot
- Plan Sponsor: The Recon Group, Dba Gotrg
- Sponsor EIN: 753267400
- Sponsor Address: 20200 W DIXIE HWY, MIAMI, FL, 331801918
- Plan Type: 401(k)
- Total Participants: 357
- Total Assets: $2.0M
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. |
|---|---|---|---|---|
| 2023 | 357 | $2.0M | $200,983 | $505,121 |
| 2022 | 408 | $1.5M | $175,725 | $566,312 |
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 | $64,344 | — | $64,344 |
| MERRILL LYNCH PIERCE FENNER & SMITH | CONSULTANT | $15,664 | $44 | $15,708 |
| BERKOWITZ POLLACK BRANT ADVISORS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BERKOWITZ POLLACK BRANT ADVISORS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $80,052
- Estimated Expense Ratio: 4.054% 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 |
|---|---|---|---|---|---|
| 2023 | $40,015 | $3,921 | $32,173 | — | — |
| 2022 | $33,230 | $2,853 | $27,524 | — | $2,853 |