Plan Snapshot
- Plan Sponsor: Gfs Chemicals, INC.
- Sponsor EIN: 314405875
- Sponsor Address: P.O. BOX 245, POWELL, OH, 43065
- Plan Type: 401(k)
- Total Participants: 146
- Total Assets: $18.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 146 | $18.3M | $715,644 | $532,027 |
| 2023 | 117 | $15.9M | $669,454 | $472,506 |
| 2022 | 119 | $15.6M | $572,216 | $426,443 |
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 |
|---|---|---|---|---|
| PW PARTNERS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PW PARTNERS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $36,922 | $31,147 | — | — | — |
| 2023 | $35,101 | $32,738 | — | — | — |
| 2022 | $48,662 | $7,564 | — | — | — |