Plan Snapshot
- Plan Sponsor: Great Lakes Cheese Co., INC.
- Sponsor EIN: 341015620
- Sponsor Address: 17955 GREAT LAKES PARKWAY, HIRAM, OH, 44234
- Plan Type: DC
- Total Participants: 4,370
- Total Assets: $123.5M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 4,370 | $123.5M | $0 | $15.7M |
| 2023 | 3,954 | $106.1M | $1,524 | $13.9M |
| 2022 | 3,773 | $88.4M | $0 | $13.1M |
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 | CONTRACT ADMINISTRATOR | $395,057 | — | $395,057 |
| PNC BANK | INVESTMENT ADVISORY | $41,183 | $17,484 | $58,667 |
| MEADEN & MOORE, LTD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MEADEN & MOORE, LTD — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $453,724
- Estimated Expense Ratio: 0.367% 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 | $436,240 | $41,183 | $395,057 | — | — |
| 2023 | $379,972 | — | $379,972 | — | — |
| 2022 | $353,440 | — | $353,440 | — | — |