Plan Snapshot
- Plan Sponsor: G.E.C., INC.
- Sponsor EIN: 721268093
- Sponsor Address: 8282 GOODWOOD BLVD., BATON ROUGE, LA, 70806
- Plan Type: 401(k)
- Total Participants: 395
- Total Assets: $23.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 395 | $23.4M | $171,026 | $1.3M |
| 2023 | 305 | $22.3M | $175,281 | $1.1M |
| 2022 | 320 | $18.8M | $155,286 | $1.1M |
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 |
|---|---|---|---|---|
| THOMAS, WILSON, RAGUSA, UFFMAN & CO | 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 | $68,249 | — | $68,249 | — | — |
| 2023 | $57,072 | $44,786 | $12,286 | — | — |
| 2022 | $54,496 | $42,904 | $11,592 | — | — |