Plan Snapshot
- Plan Sponsor: Gibbs Wire & Steel Company LLC
- Sponsor EIN: 843284267
- Sponsor Address: 1965 PRATT BLVD, ELK GROVE VILLAGE, IL, 60007
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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 | 0 | $0 | $406,548 | $525,435 |
| 2023 | 188 | $13.5M | $471,247 | $450,330 |
| 2022 | 165 | $12.3M | $442,873 | $415,312 |
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 |
|---|---|---|---|---|
| COHNREZNICK, LLP | Auditor | — | — | $0 |
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 | $40,124 | $6,142 | — | — | — |
| 2023 | $52,717 | $5,674 | — | $21,870 | — |
| 2022 | $14,085 | $4,725 | $3,852 | — | — |