Plan Snapshot
- Plan Sponsor: Gateway Dealer Network, LLC
- Sponsor EIN: 842017338
- Sponsor Address: 401 W. OUTER ROAD, VALLEY PARK, MO, 63088
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 392
- Total Assets: $23.5M
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. |
|---|---|---|---|---|
| 2023 | 392 | $23.5M | $1.0M | $1.9M |
| 2022 | 283 | $13.1M | $792,395 | $1.5M |
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 |
|---|---|---|---|---|
| FORVIS LLP | Auditor | $12,180 | — | $12,180 |
| SENTRY LIFE INSURANCE COMPANY | Recordkeeper | $5,964 | — | $5,964 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,144
- Estimated Expense Ratio: 0.077% 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 |
|---|---|---|---|---|---|
| 2023 | $20,466 | $2,322 | — | $12,180 | — |
| 2022 | $9,888 | $1,086 | $3,473 | — | $5,329 |