Plan Snapshot
- Plan Sponsor: Gravity Diagnostics LLC
- Sponsor EIN: 812868546
- Sponsor Address: 812 RUSSELL ST., COVINGTON, KY, 41011
- Plan Type: 401(k)
- Total Participants: 320
- Total Assets: $7.3M
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 | 320 | $7.3M | $411,087 | $1.2M |
| 2023 | 364 | $6.6M | $535,050 | $1.4M |
| 2022 | 417 | $4.0M | $480,594 | $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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | Recordkeeper | $34,225 | — | $34,225 |
| SAIPH CAPITAL LLC | Other Service Provider | $16,855 | — | $16,855 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,080
- Estimated Expense Ratio: 0.697% 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 | $51,080 | $16,855 | $34,225 | — | — |
| 2023 | $29,560 | $7,377 | $20,423 | — | — |
| 2022 | $19,622 | — | — | — | $19,622 |