Plan Snapshot
- Plan Sponsor: Gallagher Sharp
- Sponsor EIN: 340735199
- Sponsor Address: 1215 SUPERIOR AVENUE 7TH FLOOR, CLEVELAND, OH, 44114
- Plan Type: 401(k)
- Total Participants: 78
- Total Assets: $34.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 78 | $34.5M | $406,461 | $741,964 |
| 2023 | 76 | $32.6M | $430,375 | $761,431 |
| 2022 | 86 | $31.2M | $469,294 | $710,323 |
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 |
|---|---|---|---|---|
| MALONEY + NOVOTNY LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MALONEY + NOVOTNY LLC — 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 | $93,701 | — | — | — | — |
| 2023 | $85,472 | $59,852 | — | — | — |
| 2022 | $94,575 | $77,832 | $1,188 | — | — |