Plan Snapshot
- Plan Sponsor: Geotab Usa, INC.
- Sponsor EIN: 331223787
- Sponsor Address: 621 NORTH AVENUE NORTHEAST, ATLANTA, GA, 30308
- Plan Type: 401(k)
- Total Participants: 329
- Total Assets: $21.5M
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 | 329 | $21.5M | $1.3M | $2.5M |
| 2023 | 351 | $16.2M | $1.1M | $2.2M |
| 2022 | 385 | $10.9M | $1.0M | $1.9M |
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 |
|---|---|---|---|---|
| TOWERS WATSON INVESTMENT SERVICES | INVESTMENT ADVISOR | $43,853 | — | $43,853 |
| JOHN HANCOCK LIFE INSURANCE COMPANY | RECORDKEEPER | $40,399 | — | $40,399 |
| METZ CPA, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE COMPANY — RECORDKEEPER
- METZ CPA, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $84,252
- Estimated Expense Ratio: 0.392% 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 | $84,252 | $44,418 | $39,834 | — | — |
| 2023 | $58,346 | $23,941 | $34,405 | — | — |
| 2022 | $68,247 | $41,860 | — | — | $26,387 |