Plan Snapshot
- Plan Sponsor: G & E, INC.
- Sponsor EIN: 510123142
- Sponsor Address: 30244 CEDAR NECK ROAD, UNIT #1, OCEAN VIEW, DE, 199700930
- Plan Type: 401(k)
- Total Participants: 144
- Total Assets: $6.1M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 144 | $6.1M | $68,891 | $102,717 |
| 2023 | 61 | $5.7M | $0 | $34,199 |
| 2022 | 61 | $5.1M | $125,724 | $29,158 |
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 |
|---|---|---|---|---|
| ASCENSUS HOLDINGS INC DBA | Other Service Provider | $9,889 | $1,226 | $11,115 |
| LIMESTONE PENSION ASSOCIATES, LLC | Other Service Provider | $3,825 | $2,252 | $6,077 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,192
- Estimated Expense Ratio: 0.281% 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 | $23,233 | — | $23,233 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |