Plan Snapshot
- Plan Sponsor: Gerent, LLC
- Sponsor EIN: 261915445
- Sponsor Address: 13800 COPPERMINE ROAD, HERNDON, VA, 20171
- Plan Type: 401(k)
- Total Participants: 191
- Total Assets: $8.3M
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 | 191 | $8.3M | $678,131 | $1.4M |
| 2023 | 255 | $6.2M | $798,150 | $1.7M |
| 2022 | 224 | $3.3M | $429,576 | $951,086 |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $29,477 | — | $29,477 |
| EAGLE STRATEGIES LLC | INVESTMENT/FINANCIAL ADVI | $15,010 | — | $15,010 |
| UHY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $44,487
- Estimated Expense Ratio: 0.538% 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 | $44,487 | $15,010 | — | — | — |
| 2023 | $39,099 | $18,540 | — | — | — |
| 2022 | $24,271 | — | — | — | — |