# Gn Audio Usa, INC. 401(k) Plan
Source: https://planprovider.pro/companies/gn-audio-usa-inc-401k-plan

> Gn Audio Usa, INC.&#39;s 401(k) plan: 424 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Gn Audio Usa, INC.

- **Sponsor EIN:** 020519678

- **Sponsor Address:** 900 CHELMSFORD STREET, LOWELL, MA, 01851

- **Plan Type:** 401(k)

- **Total Participants:** 424

- **Total Assets:** $56.9M

## 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|424|$56.9M|$1.5M|$4.5M|

| 2023|333|$39.7M|$1.2M|$3.4M|

| 2022|353|$33.7M|$1.2M|$3.3M|

## 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|RECORDKEEPER|$110,236|—|$110,236|

| MML INVESTORS SERVICES LLC|BROKER/ADVISER|—|$51,547|$51,547|

| EMPOWER ADVISORY GROUP, LLC|INVESTMENT MGMT|$19,784|—|$19,784|

| CARON & BLETZER, PLLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [CARON & BLETZER, PLLC](https://planprovider.pro/provider/caron-bletzer) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $181,567

- **Estimated Expense Ratio:** 0.319% 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|$131,361|$19,784|—|—|—|

| 2023|$105,772|$19,454|—|—|—|

| 2022|$171,113|$86,414|$84,699|—|—|

## Similar Plans

- [Netscout Systems, INC.](https://planprovider.pro/companies/netscout-systems-inc-401k-plan) — 1,326 participants

- [Ipg Photonics Corporation](https://planprovider.pro/companies/ipg-photonics-corporation-401k-plan) — 1,940 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/gn-audio-usa-inc-401k-plan)

&copy; 2026 PlanProvider.Pro
