Plan Snapshot
- Plan Sponsor: Gerken Materials, INC.
- Sponsor EIN: 344478444
- Sponsor Address: 9072 COUNTY ROAD 424, NAPOLEON, OH, 43545
- Plan Type: 401(k)
- Total Participants: 334
- Total Assets: $31.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 334 | $31.0M | $879,400 | $1.6M |
| 2023 | 381 | $31.4M | $864,519 | $1.5M |
| 2022 | 231 | $18.8M | $513,031 | $1.0M |
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 |
|---|---|---|---|---|
| LPL FINANCIAL LLC - RPCP | RIA | — | $47,629 | $47,629 |
| NORTHSTAR FIDUCIARY PARTNERS | RIA | — | $12,617 | $12,617 |
| CLIFTONLARSONALLEN, LTD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN, LTD — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,246
- Estimated Expense Ratio: 0.194% 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 | $19,823 | — | $13,988 | — | — |
| 2023 | $19,052 | — | $12,942 | — | — |
| 2022 | $13,360 | $9,625 | — | — | $3,735 |