Plan Snapshot
- Plan Sponsor: Gensco, INC.
- Sponsor EIN: 910539873
- Sponsor Address: 4402 20TH ST E, TACOMA, WA, 984241815
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 979
- Total Assets: $153.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 979 | $153.8M | $6.4M | $4.4M |
| 2023 | 932 | $143.9M | $5.7M | $3.8M |
| 2022 | 897 | $131.5M | $5.3M | $3.7M |
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 |
|---|---|---|---|---|
| NWPS | Recordkeeper | $112,548 | — | $112,548 |
| CHARLES SCHWAB BANK | Recordkeeper | $34,740 | — | $34,740 |
| SABEY CPA, LLC | Auditor | $13,750 | — | $13,750 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NWPS — Recordkeeper
- CHARLES SCHWAB BANK — Recordkeeper
- SABEY CPA, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $161,038
- Estimated Expense Ratio: 0.105% 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 | $161,038 | — | — | $13,750 | — |
| 2023 | $149,504 | — | — | $13,000 | — |
| 2022 | $170,320 | $38,114 | $120,206 | — | $12,000 |