Plan Snapshot
- Plan Sponsor: Group Plan Systems, LLC
- Sponsor EIN: 872096126
- Sponsor Address: 2470 EAST MAIN STREET, COLUMBUS, OH, 43209
- Plan Type: 401(k)
- Total Participants: 1,168
- Total Assets: $45.1M
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 | 1,168 | $45.1M | $1.7M | $4.2M |
| 2023 | 919 | $32.3M | $1.2M | $2.3M |
| 2022 | 20 | $1.9M | $10,779 | $33,822 |
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 |
|---|---|---|---|---|
| RKL WEALTH MANAGEMENT, LLC | NONE | $581,515 | — | $581,515 |
| JULY BUSINESS SERVICES, LLC | NONE | — | $93,422 | $93,422 |
| GROUP PLAN SYSTEMS, LLC | FIDUCIARY | $30,199 | — | $30,199 |
| HFM INVESTMENT ADVISORS, LLC | NONE | $17,349 | — | $17,349 |
| HOLBROOK & MANTER | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JULY BUSINESS SERVICES, LLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $722,485
- Estimated Expense Ratio: 1.601% 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 | $246,916 | — | — | — | — |
| 2023 | $4,626,563 | — | $102,993 | — | — |
| 2022 | $37,451 | — | — | — | — |