Plan Snapshot
- Plan Sponsor: Gm2 Associates, INC.
- Sponsor EIN: 061510087
- Sponsor Address: 115 GLASTONBURY BLVD., GLASTONBURY, CT, 06033
- Plan Type: 401(k)
- Total Participants: 239
- Total Assets: $30.1M
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 | 239 | $30.1M | $377,618 | $2.4M |
| 2023 | 187 | $18.4M | $359,784 | $1.5M |
| 2022 | 152 | $14.4M | $252,706 | $1.4M |
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 |
|---|---|---|---|---|
| FRIMPONG AND ASSOCIATES, LLC | 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 | -$1,563 | $3,723 | — | — | — |
| 2023 | $1,447 | $2,517 | — | — | — |
| 2022 | $111 | $448 | — | — | — |