Plan Snapshot
- Plan Sponsor: Gemi Management Company, INC.
- Sponsor EIN: 756627452
- Sponsor Address: 40 DOWNING INDUSTRIAL PARKWAY, PITTSFIELD, MA, 01201
- Plan Type: 401(k)
- Total Participants: 190
- Total Assets: $9.4M
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 | 190 | $9.4M | $94,861 | $757,454 |
| 2023 | 187 | $8.2M | $97,048 | $713,135 |
| 2022 | 189 | $6.8M | $71,191 | $662,490 |
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 |
|---|---|---|---|---|
| TSS FINANCIAL PARTNERS, LLP | Auditor | — | — | $0 |
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 | $74,459 | $38,451 | — | — | — |
| 2023 | $72,366 | $37,872 | — | — | — |
| 2022 | $69,783 | $37,290 | $32,493 | — | — |