Plan Snapshot
- Plan Sponsor: Germain Automotive Partnership, INC.
- Sponsor EIN: 274723638
- Sponsor Address: 3885 W. DUBLIN-GRANVILLE ROAD, DUBLIN, OH, 43017
- Plan Type: 401(k)
- Total Participants: 1,233
- Total Assets: $48.5M
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 | 1,233 | $48.5M | $620,916 | $4.8M |
| 2023 | 1,074 | $41.0M | $595,865 | $4.5M |
| 2022 | 981 | $31.5M | $522,500 | $3.9M |
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 |
|---|---|---|---|---|
| SCHNEIDER DOWNS WEALTH MGMT ADV. | INVESTMENT ADVISOR | $183,932 | — | $183,932 |
| SCHNEIDER DOWNS RET. SOLUTIONS | RECORDKEEPER | $43,318 | — | $43,318 |
| CHARLES SCHWAB TRUST COMPANY | PLAN CUSTODIAN/TRUSTEE | $13,152 | — | $13,152 |
| BRADY, WARE AND SCHOENDFELD, INC. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES SCHWAB TRUST COMPANY — PLAN CUSTODIAN/TRUSTEE
- BRADY, WARE AND SCHOENDFELD, INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $240,402
- Estimated Expense Ratio: 0.496% 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 | $240,402 | $183,932 | — | — | — |
| 2023 | $187,851 | $142,866 | — | — | — |
| 2022 | $166,420 | $123,210 | — | — | $43,210 |