Plan Snapshot
- Plan Sponsor: Gallagher Flynn & Co., LLP
- Sponsor EIN: 030225774
- Sponsor Address: 725 COMMUNITY DRIVE, SUITE 401, SOUTH BURLINGTON, VT, 05403
- Plan Type: 401(k)
- Plan Number: 003
- Total Participants: 105
- Total Assets: $17.0M
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 | 105 | $17.0M | $0 | $0 |
| 2024 | 73 | $20.8M | $372,658 | $917,498 |
| 2023 | 75 | $20.3M | $268,897 | $840,678 |
| 2022 | 84 | $19.5M | $252,035 | $783,656 |
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 |
|---|---|---|---|---|
| CARON AND BLETZER, PLLC | Auditor | $12,700 | — | $12,700 |
| LPL FINANCIAL LLC-RPCP | Other Service Provider | $11,821 | — | $11,821 |
| NATIONWIDE | Other Service Provider | $10,579 | — | $10,579 |
| PROACCOUNT | Other Service Provider | $8,875 | — | $8,875 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,975
- 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 | $7,360,840 | $20,696 | $4,610 | $12,700 | — |
| 2024 | $50,327 | — | — | $12,100 | — |
| 2023 | $83,595 | $17,417 | $12,400 | $11,000 | — |
| 2022 | $71,051 | $18,944 | $43,552 | — | $8,555 |