Plan Snapshot
- Plan Sponsor: Gerrity'S Supermarket, INC.
- Sponsor EIN: 232150407
- Sponsor Address: 950 NORTH SOUTH ROAD, SCRANTON, PA, 18504
- Plan Type: 401(k)
- Total Participants: 702
- Total Assets: $21.8M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 702 | $21.8M | $120,485 | $705,620 |
| 2023 | 689 | $20.3M | $72,933 | $716,623 |
| 2022 | 596 | $18.6M | $133,047 | $774,295 |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORDKEEPER | $50,649 | — | $50,649 |
| ALLIANCE WEALTH ADVISORS LLC | INVESTMENT ADVISORY-PLAN | $12,305 | — | $12,305 |
| THE BENEFITS GROUP, LLC | INVESTMENT ADVISORY-PLAN | $9,945 | — | $9,945 |
| TRANSAMERICA LIFE INSURANCE COMPANY | RECORDKEEPER | $5,666 | — | $5,666 |
| MMQ & ASSOCIATES, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORDKEEPER
- TRANSAMERICA LIFE INSURANCE COMPANY — RECORDKEEPER
- MMQ & ASSOCIATES, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $78,565
- Estimated Expense Ratio: 0.360% 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 | $78,565 | $22,250 | — | — | — |
| 2023 | $38,847 | $11,243 | — | $8,750 | — |
| 2022 | $35,562 | $11,689 | — | — | $8,250 |