Plan Snapshot
- Plan Sponsor: Gpmf Holdings INC
- Sponsor EIN: 823283600
- Sponsor Address: 4 OPEN SQUARE WAY, HOLYOKE, MA, 01040
- Plan Type: 401(k)
- Total Participants: 129
- Total Assets: $11.5M
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 | 129 | $11.5M | $544,271 | $1.2M |
| 2023 | 132 | $9.0M | $395,613 | $855,790 |
| 2022 | 112 | $7.2M | $386,600 | $858,838 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $22,289 | $2,566 | $24,855 |
| ADP, INC. | Recordkeeper | $5,518 | — | $5,518 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,373
- Estimated Expense Ratio: 0.265% 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 | $27,807 | $22,289 | — | — | — |
| 2023 | $19,457 | $5,030 | — | — | — |
| 2022 | $20,992 | — | — | — | — |