Plan Snapshot
- Plan Sponsor: Gemw Healthcare Investment LP
- Sponsor EIN: 510519169
- Sponsor Address: 500 E. MAIN ST., ALHAMBRA, CA, 91801
- Plan Type: 401(k)
- Total Participants: 6,339
- Total Assets: $734.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 6,339 | $734.2M | $9.9M | $38.1M |
| 2023 | 5,941 | $650.2M | $10.3M | $36.4M |
| 2022 | 5,711 | $546.8M | $9.8M | $35.8M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $124,333 | — | $124,333 |
| BENEFIT FINANCIAL SERVICES GROUP | PLAN ADMINISTRATOR | $69,056 | — | $69,056 |
| C.JIM CHEN ACCOUNTANCY CORP | PLAN ADMINISTRATOR | $52,000 | — | $52,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- BENEFIT FINANCIAL SERVICES GROUP — PLAN ADMINISTRATOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $245,389
- Estimated Expense Ratio: 0.033% 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 | $247,143 | — | $300 | $52,000 | — |
| 2023 | $306,951 | $120,443 | — | $51,000 | — |
| 2022 | $415,356 | — | — | — | — |