Plan Snapshot
- Plan Sponsor: Gelber Group, LLC
- Sponsor EIN: 364330915
- Sponsor Address: 350 N. ORLEANS ST., CHICAGO, IL, 606541975
- Plan Type: 401(k)
- Total Participants: 200
- Total Assets: $47.8M
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 | 200 | $47.8M | $142,743 | $3.4M |
| 2023 | 195 | $39.9M | $130,825 | $3.3M |
| 2022 | 200 | $32.2M | $125,919 | $3.1M |
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 |
|---|---|---|---|---|
| CAPITAL STRATEGIES INVESTMENT GROU | INVESTMENT ADV/CONSULTANT | $43,750 | — | $43,750 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $27,188 | — | $27,188 |
| DUFEK & CO. | ACCOUNTANT/AUDITOR | $8,500 | — | $8,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- DUFEK & CO. — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $79,438
- Estimated Expense Ratio: 0.166% 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 | $79,438 | — | — | $8,500 | — |
| 2023 | $83,174 | $40,000 | $1,200 | $8,500 | — |
| 2022 | $79,129 | — | — | — | — |