Plan Snapshot
- Plan Sponsor: Gmi Companies, INC.
- Sponsor EIN: 310895928
- Sponsor Address: 2999 HENKLE DR., LEBANON, OH, 45036
- Plan Type: 401(k)
- Total Participants: 168
- Total Assets: $11.3M
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 | 168 | $11.3M | $278,237 | $588,327 |
| 2023 | 169 | $10.3M | $82,416 | $560,770 |
| 2022 | 158 | $8.7M | $78,269 | $591,184 |
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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC | Investment Advisor | $27,464 | — | $27,464 |
| GMI COMPANIES INC DBA GHENT | Other Service Provider | $13,600 | — | $13,600 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,064
- Estimated Expense Ratio: 0.365% 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 | $41,372 | $27,772 | — | — | — |
| 2023 | $23,738 | $23,738 | — | — | — |
| 2022 | $26,156 | — | $26,156 | — | — |