Plan Snapshot
- Plan Sponsor: Garrett Transportation I, INC.
- Sponsor EIN: 824723195
- Sponsor Address: 251 LITTLE FALLS DRIVE, WILMINGTON, DE, 19808
- Plan Type: 401(k)
- Total Participants: 198
- Total Assets: $31.0M
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. |
|---|---|---|---|---|
| 2024 | 198 | $31.0M | $2.0M | $3.4M |
| 2023 | 225 | $24.2M | $1.8M | $3.3M |
| 2022 | 221 | $16.8M | $1.6M | $3.1M |
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 |
|---|---|---|---|---|
| MORGAN STANLEY DOMESTIC HOLDINGS, | Investment Advisor | $101,465 | — | $101,465 |
| CROWE LLP | Auditor | $11,944 | — | $11,944 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $8,234 | — | $8,234 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $5,541 | — | $5,541 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY DOMESTIC HOLDINGS, — Investment Advisor
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $127,184
- Estimated Expense Ratio: 0.410% 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 | $127,184 | $107,006 | — | $11,944 | — |
| 2023 | $112,874 | $4,687 | — | $98,868 | — |
| 2022 | $23,295 | $3,895 | — | — | — |