Plan Snapshot
- Plan Sponsor: Gaia Herbs, INC.
- Sponsor EIN: 043165780
- Sponsor Address: 101 GAIA HERBS DRIVE, BREVARD, NC, 28712
- Plan Type: 401(k)
- Total Participants: 259
- Total Assets: $11.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 259 | $11.7M | $342,708 | $1.1M |
| 2023 | 234 | $9.4M | $310,999 | $945,007 |
| 2022 | 228 | $7.7M | $301,612 | $873,261 |
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 |
|---|---|---|---|---|
| MCM CPAS AND ADVISORS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MCM CPAS AND ADVISORS LLP — Auditor
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 | $13,093 | $5,977 | — | — | — |
| 2023 | $24,368 | $1,479 | — | — | — |
| 2022 | $26,095 | $1,289 | — | — | — |