Plan Snapshot
- Plan Sponsor: Thirty-One Gifts, LLC
- Sponsor EIN: 870726627
- Sponsor Address: 600 EAST SMITH ROAD - SIDE ENTRANCE, MEDINA, OH, 44256
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 23
- Total Assets: $52,689
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. |
|---|---|---|---|---|
| 2025 | 23 | $52,689 | $0 | $0 |
| 2024 | 115 | $12.1M | $193,948 | $350,344 |
| 2023 | 164 | $14.5M | $246,649 | $492,890 |
| 2022 | 317 | $13.9M | $395,056 | $671,077 |
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 |
|---|---|---|---|---|
| BEDERSON LLP | Auditor | $35,000 | — | $35,000 |
| CLEARSTEAD ADVISORS LLC | Investment Advisor | $8,167 | — | $8,167 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $6,964 | — | $6,964 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $50,131
- Estimated Expense Ratio: 95.145% 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 |
|---|---|---|---|---|---|
| 2025 | $13,499,261 | $8,167 | — | $35,000 | — |
| 2024 | $17,615 | $8,167 | — | — | — |
| 2023 | $5,069 | — | — | — | — |
| 2022 | $5,104 | — | — | — | — |