Plan Snapshot
- Plan Sponsor: Gns North America, INC.
- Sponsor EIN: 274502405
- Sponsor Address: 13341 QUINCY ST, HOLLAND, MI, 49424
- Plan Type: 401(k)
- Total Participants: 309
- Total Assets: $12.7M
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 | 309 | $12.7M | $640,723 | $1.2M |
| 2023 | 300 | $10.1M | $601,496 | $1.1M |
| 2022 | 323 | $7.7M | $700,421 | $1.1M |
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 |
|---|---|---|---|---|
| LPL FINANCIAL RPCP | NONE | $38,164 | — | $38,164 |
| ASCENSUS LLC | NONE | $32,451 | — | $32,451 |
| MANER COSTERISAN, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MANER COSTERISAN, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $70,615
- Estimated Expense Ratio: 0.555% 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 | $70,615 | $38,164 | $32,451 | — | — |
| 2023 | $61,039 | $29,030 | $32,009 | — | — |
| 2022 | $51,373 | $25,779 | $25,594 | — | — |