Plan Snapshot
- Plan Sponsor: The Reese Group, INC.
- Sponsor EIN: 621077825
- Sponsor Address: 2820 BRANSFORD AVENUE, NASHVILLE, TN, 37204
- Plan Type: 401(k)
- Total Participants: 117
- Total Assets: $8.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 117 | $8.0M | $48,304 | $641,398 |
| 2023 | 118 | $7.8M | $35,533 | $523,753 |
| 2022 | 114 | $6.5M | $46,109 | $542,455 |
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 |
|---|---|---|---|---|
| IPI WEALTH MANAGEMENT INC | INVESTMENT ADVISOR | $16,273 | — | $16,273 |
| EMPOWER ANNUITY INSURANCE CO | RECORDKEEPER | $6,790 | — | $6,790 |
| KENDRA G. MELNYK, CPA | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KENDRA G. MELNYK, CPA — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,063
- Estimated Expense Ratio: 0.287% 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 | $25,667 | — | $25,667 | — | — |
| 2023 | $21,217 | — | $21,217 | — | — |
| 2022 | $6,656 | — | $6,656 | — | — |