Plan Snapshot
- Plan Sponsor: Guaranteed Supply Company
- Sponsor EIN: 560844278
- Sponsor Address: 1211 ROTHERWOOD RD, GREENSBORO, NC, 274063825
- Plan Type: 401(k)
- Total Participants: 198
- Total Assets: $25.7M
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 | 198 | $25.7M | $1.0M | $957,887 |
| 2023 | 187 | $22.2M | $1.0M | $838,335 |
| 2022 | 175 | $18.5M | $846,760 | $768,394 |
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 |
|---|---|---|---|---|
| NEWPORT GROUP, INC. | CUSTODIAN | $6,225 | — | $6,225 |
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,225
- Estimated Expense Ratio: 0.024% 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 | $786 | — | — | — | — |
| 2023 | $2,885 | — | — | — | — |
| 2022 | $3,543 | — | $3,543 | — | — |