Plan Snapshot
- Plan Sponsor: Gatesair, INC.
- Sponsor EIN: 464956212
- Sponsor Address: 5300 KINGS ISLAND DRIVESUITE 101, MASON, OH, 45040
- Plan Type: 401(k)
- Total Participants: 155
- Total Assets: $31.7M
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 | 155 | $31.7M | $352,581 | $1.3M |
| 2023 | 156 | $30.1M | $360,709 | $1.3M |
| 2022 | 153 | $26.6M | $93,891 | $413,636 |
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 | Investment Advisor | $33,709 | — | $33,709 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $14,891 | — | $14,891 |
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $9,945 | — | $9,945 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,545
- Estimated Expense Ratio: 0.185% 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 | $58,545 | $43,654 | — | — | — |
| 2023 | $41,280 | $41,280 | — | — | — |
| 2022 | $1,231 | $1,231 | — | — | — |