Plan Snapshot
- Plan Sponsor: Granite Group Wholesalers, LLC
- Sponsor EIN: 020495286
- Sponsor Address: 6 STORRS ST, CONCORD, NH, 03301
- Plan Type: 401(k)
- Total Participants: 710
- Total Assets: $65.0M
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 | 710 | $65.0M | $1.6M | $3.6M |
| 2023 | 676 | $61.5M | $1.6M | $3.7M |
| 2022 | 695 | $52.5M | $1.9M | $3.5M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INS CO OF AMERICA | Recordkeeper | $202,994 | — | $202,994 |
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | $105,431 | — | $105,431 |
| RPW SOLUTIONS LLC | Other Service Provider | $29,315 | — | $29,315 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $337,740
- Estimated Expense Ratio: 0.519% 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 | $337,740 | $134,746 | — | — | — |
| 2023 | $267,390 | $98,557 | — | — | — |
| 2022 | $130,613 | $101,419 | $6,913 | — | $10,144 |