Plan Snapshot
- Plan Sponsor: Gayco, INC. Dba Gayco Healthcare
- Sponsor EIN: 582181583
- Sponsor Address: 507 INDUSTRIAL BOULEVARD, DUBLIN, GA, 31021
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 33
- Total Assets: $58,317
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. |
|---|---|---|---|---|
| 2025 | 33 | $58,317 | $0 | $0 |
| 2024 | 34 | $9,069 | $138,885 | $180,366 |
| 2023 | 36 | $19,086 | $278,795 | $89,276 |
| 2022 | 48 | $17,898 | $57,998 | $32,214 |
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 |
|---|---|---|---|---|
| THE BENECON GROUP | Investment Advisor | $31,609 | — | $31,609 |
| ASSURED PARTNERS (GA) | Investment Advisor | $19,350 | — | $19,350 |
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $7,017 | — | $7,017 |
| REVIVEHEALTH, INC. | Other Service Provider | $5,590 | — | $5,590 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,566
- Estimated Expense Ratio: 109.001% 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 |
|---|---|---|---|---|---|
| 2025 | $350,833 | — | — | — | — |
| 2024 | $324,835 | — | — | — | — |
| 2023 | $366,757 | — | — | — | — |
| 2022 | $64,574 | — | — | — | — |