Plan Snapshot
- Plan Sponsor: Gentry Locke Rakes & Moore, LLP
- Sponsor EIN: 540540718
- Sponsor Address: P.O. BOX 40013, ROANOKE, VA, 24022
- Plan Type: 401(k)
- Total Participants: 165
- Total Assets: $47.9M
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 | 165 | $47.9M | $1.6M | $1.6M |
| 2023 | 166 | $41.6M | $1.6M | $1.4M |
| 2022 | 156 | $38.9M | $1.5M | $1.2M |
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 |
|---|---|---|---|---|
| BROWN EDWARDS & COMPANY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BROWN EDWARDS & 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 | $76,510 | $46,809 | $29,011 | — | — |
| 2023 | $143,670 | $42,300 | $35,239 | — | — |
| 2022 | $153,700 | $31,648 | $75,333 | — | $46,219 |