Plan Snapshot
- Plan Sponsor: Garner Industries, LLC
- Sponsor EIN: 470497161
- Sponsor Address: 2021 TRANSFORMATION DRIVE,, LINCOLN, NE, 68508
- Plan Type: 401(k)
- Total Participants: 59
- Total Assets: $12.9M
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 | 59 | $12.9M | $289,597 | $601,366 |
| 2023 | 123 | $11.3M | $462,335 | $747,915 |
| 2022 | 122 | $8.9M | $370,322 | $611,900 |
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 |
|---|---|---|---|---|
| PENSION ASSURANCE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PENSION ASSURANCE LLP — 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 | $50,239 | $29,804 | $20,435 | — | — |
| 2023 | $39,459 | $23,510 | $15,949 | — | — |
| 2022 | $38,617 | $26,921 | $11,696 | — | — |