Plan Snapshot
- Plan Sponsor: Gibson Brands, INC.
- Sponsor EIN: 731244520
- Sponsor Address: 209 10TH AVE S, NASHVILLE, TN, 37203
- Plan Type: 401(k)
- Total Participants: 1,254
- Total Assets: $53.5M
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 | 1,254 | $53.5M | $2.1M | $4.4M |
| 2023 | 1,272 | $43.5M | $1.8M | $3.8M |
| 2022 | 1,426 | $32.8M | $1.9M | $3.8M |
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 | $95,170 | — | $95,170 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $16,725 | — | $16,725 |
| KRAFT CPAS, PLLC | ACCOUNTANT/AUDITOR | $8,670 | — | $8,670 |
| BAKER TILLY US, LLP | Auditor | $8,670 | — | $8,670 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $129,235
- Estimated Expense Ratio: 0.242% 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 | $120,565 | $16,725 | — | $8,670 | — |
| 2023 | $84,605 | $11,937 | — | — | — |
| 2022 | $81,382 | $11,224 | — | — | — |