Plan Snapshot
- Plan Sponsor: Germain Motor Company
- Sponsor EIN: 314368856
- Sponsor Address: 4250 MORSE CROSSING, COLUMBUS, OH, 43219
- Plan Type: 401(k)
- Total Participants: 1,548
- Total Assets: $59.7M
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 | 1,548 | $59.7M | $1.6M | $5.7M |
| 2023 | 1,146 | $52.7M | $1.5M | $5.2M |
| 2022 | 1,008 | $41.1M | $1.3M | $4.9M |
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 | $247,550 | — | $247,550 |
| SCHNEIDER DOWNS RET. SOLUTIONS | RECORDKEEPER | $81,673 | — | $81,673 |
| CHARLES SCHWAB TRUST COMPANY | PLAN CUST./TRUSTEE | $16,870 | — | $16,870 |
| ARY ROEPCKE MULCHAEY, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES SCHWAB TRUST COMPANY — PLAN CUST./TRUSTEE
- ARY ROEPCKE MULCHAEY, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $346,093
- Estimated Expense Ratio: 0.580% 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 | $346,093 | $247,550 | — | — | — |
| 2023 | $279,521 | $194,467 | — | — | — |
| 2022 | $254,035 | $180,739 | — | — | $73,296 |