Plan Snapshot
- Plan Sponsor: Both INC. Dba Golden Corral
- Sponsor EIN: 541633868
- Sponsor Address: 1453 KEMPSVILLE ROAD, SUITE 107, VIRGINIA BEACH, VA, 23464
- Plan Type: 401(k)
- Total Participants: 410
- Total Assets: $9.5M
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 | 410 | $9.5M | $123,938 | $281,389 |
| 2023 | 411 | $9.4M | $118,120 | $280,424 |
| 2022 | 422 | $8.4M | $0 | $135,659 |
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 |
|---|---|---|---|---|
| ZUKERMAN & ASSOCIATES, LTD | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $49,842 | $8,500 | $4,132 | — | — |
| 2023 | $52,890 | $13,530 | $34,790 | — | — |
| 2022 | $58,230 | $18,000 | $35,054 | — | $5,176 |