Plan Snapshot
- Plan Sponsor: Gillman North, LLC
- Sponsor EIN: 760176915
- Sponsor Address: 18002 I-45 NORTH, HOUSTON, TX, 77090
- Plan Type: 401(k)
- Total Participants: 600
- Total Assets: $13.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 600 | $13.0M | $228,216 | $1.8M |
| 2023 | 438 | $10.9M | $214,765 | $1.6M |
| 2022 | 431 | $9.7M | $270,084 | $1.7M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $48,668 | — | $48,668 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $5,931 | — | $5,931 |
| MELTON & MELTON, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MELTON & MELTON, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,599
- Estimated Expense Ratio: 0.419% 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 | $56,142 | $14,462 | — | — | — |
| 2023 | $48,111 | $11,229 | — | — | — |
| 2022 | $52,611 | — | $52,611 | — | — |