Plan Snapshot
- Plan Sponsor: Gcom Software LLC
- Sponsor EIN: 522179898
- Sponsor Address: 9175 GUILFORD RD SUITE 101, COLUMBIA, MD, 210462564
- Plan Type: 401(k)
- Total Participants: 799
- Total Assets: $75.5M
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. |
|---|---|---|---|---|
| 2024 | 799 | $75.5M | $3.4M | $8.2M |
| 2023 | 749 | $56.8M | $2.5M | $6.1M |
| 2022 | 407 | $23.7M | $1.7M | $3.9M |
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 | $158,832 | — | $158,832 |
| CREATIVE PLANNING, INC. | Investment Advisor | — | $30,000 | $30,000 |
| GCOM SOFTWARE LLC | Other Service Provider | — | $15,000 | $15,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CREATIVE PLANNING, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $203,832
- Estimated Expense Ratio: 0.270% 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 | $158,832 | — | $158,832 | — | — |
| 2023 | $117,688 | — | $117,688 | — | — |
| 2022 | $102,119 | — | $102,119 | — | — |