Plan Snapshot
- Plan Sponsor: Grote Enterprises, LLC
- Sponsor EIN: 311575000
- Sponsor Address: 5240 LESTER RD., CINCINNATI, OH, 45213
- Plan Type: 401(k)
- Total Participants: 245
- Total Assets: $15.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 245 | $15.2M | $397,946 | $1.1M |
| 2023 | 212 | $12.7M | $343,999 | $945,502 |
| 2022 | 192 | $12.2M | $305,336 | $866,722 |
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 |
|---|---|---|---|---|
| BARNES DENNIG AND COMPANY LTD | Auditor | $13,000 | — | $13,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BARNES DENNIG AND COMPANY LTD — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,000
- Estimated Expense Ratio: 0.086% 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 | $98,928 | — | $300 | $13,000 | — |
| 2023 | $79,674 | — | $300 | $14,500 | — |
| 2022 | $75,447 | — | — | — | — |