Plan Snapshot
- Plan Sponsor: Gap Services, INC
- Sponsor EIN: 200070351
- Sponsor Address: 834 FALLS AVE STE 1050, TWIN FALLS, ID, 83301
- Plan Type: 401(k)
- Total Participants: 203
- Total Assets: $2.9M
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 | 203 | $2.9M | $52,350 | $489,167 |
| 2023 | 214 | $2.1M | $54,497 | $483,726 |
| 2022 | 190 | $1.3M | $55,608 | $480,631 |
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 |
|---|---|---|---|---|
| ASCENSUS LLC | Other Service Provider | $4,941 | $6,490 | $11,431 |
| SHAREBUILDER ADVISOR LLC | Investment Advisor | $11,143 | — | $11,143 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,574
- Estimated Expense Ratio: 0.787% 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 | $16,084 | $11,143 | $4,941 | — | — |
| 2023 | $14,333 | — | $4,808 | — | — |
| 2022 | $8,796 | — | $8,796 | — | — |