Plan Snapshot
- Plan Sponsor: Gorrepati Service Systems, INC.
- Sponsor EIN: 311111921
- Sponsor Address: 11843 KEMPER SPRINGS DR., CINCINNATI, OH, 45240
- Plan Type: 401(k)
- Total Participants: 93
- Total Assets: $3.4M
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 | 93 | $3.4M | $50,786 | $158,381 |
| 2023 | 190 | $2.8M | $48,501 | $151,103 |
| 2022 | 172 | $2.1M | $51,472 | $151,561 |
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 |
|---|---|---|---|---|
| PAULIN & HUGHES | 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 | $172,766 | — | $6,982 | — | — |
| 2023 | $17,199 | — | $5,881 | — | — |
| 2022 | $6,532 | $109 | — | — | — |