Plan Snapshot
- Plan Sponsor: Gaston Residential Services INC
- Sponsor EIN: 510138261
- Sponsor Address: 905-A NORTH NEW HOPE ROAD, GASTONIA, NC, 28054
- Plan Type: 403(b)
- Total Participants: 136
- Total Assets: $2.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 136 | $2.7M | $97,118 | $144,065 |
| 2023 | 131 | $2.4M | $88,537 | $107,686 |
| 2022 | 154 | $2.2M | $78,788 | $97,486 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $15,774 | — | $15,774 |
| BUTLER & STOWE | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BUTLER & STOWE — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,774
- Estimated Expense Ratio: 0.587% 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 | $16,921 | — | $16,921 | — | — |
| 2023 | $147 | — | $147 | — | — |
| 2022 | $857 | — | — | — | — |