Plan Snapshot
- Plan Sponsor: Gaines And Company, INC.
- Sponsor EIN: 520636385
- Sponsor Address: 112 WESTMINSTER PIKE, REISTERTOWN, MD, 21136
- Plan Type: 401(k)
- Total Participants: 219
- Total Assets: $30.4M
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 | 219 | $30.4M | $901,901 | $1.3M |
| 2023 | 231 | $26.5M | $948,921 | $1.3M |
| 2022 | 237 | $22.2M | $979,424 | $1.2M |
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 |
|---|---|---|---|---|
| GORFINE SCHILLER & GARDYN | Auditor | $19,400 | — | $19,400 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GORFINE SCHILLER & GARDYN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,400
- Estimated Expense Ratio: 0.064% 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 | $102,865 | $34,102 | — | $19,400 | — |
| 2023 | $89,391 | $33,108 | — | $13,000 | — |
| 2022 | $87,351 | — | — | — | — |