Plan Snapshot
- Plan Sponsor: Gea Mechanical Equipment U.S. INC.
- Sponsor EIN: 274109506
- Sponsor Address: 100 FAIRWAY COURT, NORTHVALE, NJ, 07647
- Plan Type: DB
- Total Participants: 12
- Total Assets: $6.6M
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. |
|---|---|---|---|---|
| 2024 | 12 | $6.6M | $490,025 | $0 |
| 2023 | 20 | $6.6M | $468,176 | $0 |
| 2022 | 23 | $7.1M | $376,391 | $0 |
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 | CONTRACT ADMINISTRATOR | $45,034 | — | $45,034 |
| CITRIN COOPERMAN & COMPANY, LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,034
- Estimated Expense Ratio: 0.685% 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 | $148,131 | $3,233 | $41,801 | — | — |
| 2023 | $133,185 | $3,430 | $30,271 | — | — |
| 2022 | $122,867 | $1,888 | $26,311 | — | — |