Plan Snapshot
- Plan Sponsor: Garber Electrical Contractors
- Sponsor EIN: 270256207
- Sponsor Address: 100 ROCKRIDGE ROAD, ENGLEWOOD, OH, 45322
- Plan Type: 401(k)
- Total Participants: 236
- Total Assets: $6.7M
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 | 236 | $6.7M | $270,370 | $776,122 |
| 2023 | 225 | $5.2M | $109,030 | $628,928 |
| 2022 | 210 | $3.5M | $86,002 | $481,320 |
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 |
|---|---|---|---|---|
| KENTNER SELLERS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KENTNER SELLERS — 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 | $50,311 | $25,201 | $25,110 | — | — |
| 2023 | $37,945 | $19,121 | $18,824 | — | — |
| 2022 | $34,162 | $17,606 | $16,556 | — | — |