Plan Snapshot
- Plan Sponsor: Gms Mine Repair And Maintenance, INC.
- Sponsor EIN: 521908118
- Sponsor Address: 32 ENTERPRISE DRIVE, OAKLAND, MD, 21550
- Plan Type: 401(k)
- Total Participants: 394
- Total Assets: $16.5M
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 | 394 | $16.5M | $558,770 | $1.1M |
| 2023 | 314 | $14.2M | $505,381 | $990,672 |
| 2022 | 304 | $12.2M | $480,404 | $931,026 |
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 & COMPANY | Investment Advisor | $36,939 | — | $36,939 |
| TRANSAMERICA | Recordkeeper | $18,650 | — | $18,650 |
| M2B RETIREMENT CONSULTING, LLC | Recordkeeper | $6,182 | — | $6,182 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,771
- Estimated Expense Ratio: 0.374% 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 | $64,780 | $64,780 | — | — | — |
| 2023 | $56,093 | $34,134 | — | — | — |
| 2022 | $46,823 | $46,823 | — | — | — |