Plan Snapshot
- Plan Sponsor: Gem Plumbing And Heating Co., INC.
- Sponsor EIN: 050400832
- Sponsor Address: 1 WELLINGTON RD, LINCOLN, RI, 02865
- Plan Type: 401(k)
- Total Participants: 503
- Total Assets: $26.0M
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 | 503 | $26.0M | $669,412 | $2.7M |
| 2023 | 649 | $26.4M | $658,467 | $2.6M |
| 2022 | 674 | $22.5M | $668,607 | $2.7M |
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 |
|---|---|---|---|---|
| TEMPLETON & COMPANY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TEMPLETON & COMPANY, LLP — 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 | $102,377 | — | $95,197 | — | — |
| 2023 | $182,373 | $39,016 | $37,846 | $15,150 | — |
| 2022 | $151,218 | $33,212 | $36,648 | — | $78,158 |