Plan Snapshot
- Plan Sponsor: G & W Equipment, INC.
- Sponsor EIN: 561630404
- Sponsor Address: 600 LAWTON ROAD, CHARLOTTE, NC, 28216
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 455
- Total Assets: $33.0M
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. |
|---|---|---|---|---|
| 2025 | 455 | $33.0M | $0 | $0 |
| 2024 | 305 | $25.9M | $1.6M | $2.0M |
| 2023 | 304 | $22.0M | $1.5M | $1.9M |
| 2022 | 284 | $18.3M | $1.4M | $1.6M |
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 |
|---|---|---|---|---|
| CAPITAL GROUP RETIREMENT PLAN SVC | Recordkeeper | $42,481 | — | $42,481 |
| TRINITY PENSION GROUP LLC | Recordkeeper | $27,836 | — | $27,836 |
| CHARLES W SNADER PC | Auditor | $15,200 | — | $15,200 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $85,517
- Estimated Expense Ratio: 0.259% 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 |
|---|---|---|---|---|---|
| 2025 | $2,448,696 | — | $20,536 | $15,200 | — |
| 2024 | $57,245 | — | $28,128 | $7,350 | — |
| 2023 | $38,894 | — | $24,169 | $7,050 | — |
| 2022 | $37,698 | $19,348 | $6,450 | — | $11,900 |