Plan Snapshot
- Plan Sponsor: Gatehouse Management, INC.
- Sponsor EIN: 043247041
- Sponsor Address: 120 FORBES BLVD, MANSFIELD, MA, 02048
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 55
- Total Assets: $138,060
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 55 | $138,060 | $575,611 | $106,787 |
| 2023 | 53 | $132,943 | $80,344 | $18,085 |
| 2022 | 48 | $122,494 | $487,846 | $87,333 |
| 2021 | 97 | $0 | $0 | $0 |
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 |
|---|---|---|---|---|
| USI INSURANCE SERVICES (RI) | Investment Advisor | $18,411 | — | $18,411 |
| THE BENECON GROUP | Investment Advisor | $15,672 | — | $15,672 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $34,083
- Estimated Expense Ratio: 24.687% 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 | $720,963 | — | — | — | — |
| 2023 | $79,482 | — | — | — | — |
| 2022 | $492,947 | — | — | — | — |
| 2021 | — | — | — | — | — |