Plan Snapshot
- Plan Sponsor: Groendyke Transport INC
- Sponsor EIN: 730565246
- Sponsor Address: PO BOX 632, ENID, OK, 73701
- Plan Type: 401(k)
- Total Participants: 1,216
- Total Assets: $62.5M
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 | 1,216 | $62.5M | $1.4M | $4.6M |
| 2023 | 1,189 | $57.4M | $1.2M | $4.4M |
| 2022 | 1,190 | $51.5M | $1.1M | $4.0M |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | $133,439 | — | $133,439 |
| CREATIVE PLANNING | INVESTMENT ADVISORY | $33,750 | — | $33,750 |
| FORVIS MAZARS, LLP | AUDITOR | $30,240 | — | $30,240 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — SERVICE PROVIDER
- CREATIVE PLANNING — INVESTMENT ADVISORY
- FORVIS MAZARS, LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $197,429
- Estimated Expense Ratio: 0.316% 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 | $197,429 | $33,750 | $133,439 | $30,240 | — |
| 2023 | $157,080 | $21,250 | $120,080 | $15,750 | — |
| 2022 | $202,175 | $42,500 | $130,905 | — | $28,770 |