Plan Snapshot
- Plan Sponsor: Gibson Applied Technology & Engineering (Texas), LLC
- Sponsor EIN: 721474985
- Sponsor Address: 13501 KATY FREEWAY, HOUSTON, TX, 77079
- Plan Type: 401(k)
- Total Participants: 368
- Total Assets: $28.4M
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 | 368 | $28.4M | $1.3M | $2.7M |
| 2023 | 293 | $22.4M | $1.1M | $2.3M |
| 2022 | 280 | $17.4M | $1.2M | $2.3M |
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 |
|---|---|---|---|---|
| EDWARD D. JONES & CO., L.P. | INVESTMENT ADVISOR | $63,336 | — | $63,336 |
| JOHN HANCOCK USA | RECORDKEEPER | $61,285 | — | $61,285 |
| WILSHIRE ASSOCIATES INC(USA) | INVESTMENT ADVISOR | $5,067 | — | $5,067 |
| HARPER & PEARSON COMPANY, P.C., | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK USA — RECORDKEEPER
- WILSHIRE ASSOCIATES INC(USA) — INVESTMENT ADVISOR
- HARPER & PEARSON COMPANY, P.C., — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $129,688
- Estimated Expense Ratio: 0.457% 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 | $132,008 | $68,402 | $7,325 | — | — |
| 2023 | $110,023 | $53,446 | $45,060 | — | — |
| 2022 | $103,255 | — | $103,255 | — | — |