Plan Snapshot
- Plan Sponsor: Gp3 Partners, LLC
- Sponsor EIN: 844083248
- Sponsor Address: 1500 WILSON BLVD., SUITE 500, ARLINGTON, VA, 22209
- Plan Type: 401(k)
- Total Participants: 221
- Total Assets: $26.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 221 | $26.3M | $2.3M | $2.0M |
| 2023 | 186 | $19.9M | $1.6M | $1.6M |
| 2022 | 212 | $15.2M | $1.8M | $1.5M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $52,957 | — | $52,957 |
| NFP RETIREMENT | Investment Advisor | — | $29,707 | $29,707 |
| POLLARD & ASSOCIATES, INC. | Recordkeeper | $5,075 | $5,806 | $10,881 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NFP RETIREMENT — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $93,545
- Estimated Expense Ratio: 0.355% 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 | $58,032 | — | — | — | — |
| 2023 | $45,617 | — | — | — | — |
| 2022 | $35,561 | — | $35,561 | — | — |