Plan Snapshot
- Plan Sponsor: Gem Healthcare Employment Agency
- Sponsor EIN: 112990506
- Sponsor Address: 147 W MERRICK ROAD, FREEPORT, NY, 115203784
- Plan Type: 401(k)
- Total Participants: 109
- Total Assets: $1.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- 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. |
|---|---|---|---|---|
| 2024 | 109 | $1.1M | $0 | $189,530 |
| 2023 | 107 | $898,218 | $0 | $272,655 |
| 2022 | 110 | $702,310 | $0 | $245,727 |
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 |
|---|---|---|---|---|
| BAS PARTNERS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAS PARTNERS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $13,260 | — | $13,260 | — | — |
| 2023 | $13,455 | — | $13,455 | — | — |
| 2022 | $14,021 | — | $14,021 | — | — |