Plan Snapshot
- Plan Sponsor: G&W Electric Company
- Sponsor EIN: 361113440
- Sponsor Address: 305 CROSSROADS PARKWAY, BOLINGBROOK, IL, 60440
- Plan Type: 401(k)
- Total Participants: 1,114
- Total Assets: $150.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,114 | $150.5M | $12.0M | $7.2M |
| 2023 | 1,046 | $125.0M | $11.1M | $6.4M |
| 2022 | 858 | $100.3M | $3.7M | $5.6M |
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 |
|---|---|---|---|---|
| T ROWE PRICE RPS INC | NONE | $62,794 | — | $62,794 |
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $62,794
- Estimated Expense Ratio: 0.042% 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 | $62,759 | — | — | — | — |
| 2023 | $52,742 | — | — | — | — |
| 2022 | $82,736 | — | — | — | $600 |