Plan Snapshot
- Plan Sponsor: Gateway-Longview, INC.
- Sponsor EIN: 160743081
- Sponsor Address: 6350 MAIN ST, WILLIAMSVILLE, NY, 142215821
- Plan Type: 403(b)
- Total Participants: 363
- Total Assets: $8.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- 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 | 363 | $8.8M | $351,126 | $803,785 |
| 2022 | 373 | $7.6M | $363,585 | $720,558 |
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 | Recordkeeper | $139,586 | — | $139,586 |
| WILMINGTON TRUST, NATIONIAL ASSOCIA | Investment Advisor | — | $38,476 | $38,476 |
| HARPER DANESH LLC | Recordkeeper | $13,004 | — | $13,004 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $191,066
- Estimated Expense Ratio: 2.173% 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 | $76,301 | — | $76,301 | — | — |
| 2022 | $66,866 | $6,756 | $60,110 | — | — |