Plan Snapshot
- Plan Sponsor: Gerson Lehrman Group
- Sponsor EIN: 134101226
- Sponsor Address: 60 EAST 42ND ST., NEW YORK, NY, 10165
- Plan Type: DC
- Total Participants: 1,253
- Total Assets: $167.6M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 1,253 | $167.6M | $3.2M | $10.9M |
| 2023 | 1,169 | $145.1M | $3.4M | $11.4M |
| 2022 | 1,373 | $113.3M | $3.9M | $11.9M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $54,142 | — | $54,142 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $28,977 | — | $28,977 |
| WITHUMSMITH+BROWN, P.C. | ACCOUNTANT/AUDITOR | $24,700 | — | $24,700 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- WITHUMSMITH+BROWN, P.C. — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $107,819
- Estimated Expense Ratio: 0.064% 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 | $107,819 | $28,977 | $600 | $24,700 | — |
| 2023 | $104,539 | $40,769 | — | $21,580 | — |
| 2022 | $84,334 | $34,839 | — | — | — |