Plan Snapshot
- Plan Sponsor: G.A.L. Manufacturing Company, LLC
- Sponsor EIN: 821717242
- Sponsor Address: 50 EAST 153RD STREET, BRONX, NY, 10451
- Plan Type: 401(k)
- Total Participants: 569
- Total Assets: $30.6M
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 | 569 | $30.6M | $2.8M | $3.3M |
| 2023 | 545 | $23.8M | $2.2M | $2.8M |
| 2022 | 438 | $8.7M | $1.5M | $2.0M |
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 |
|---|---|---|---|---|
| ROGOFF & COMPANY PC | 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 | $8,800 | — | $7,000 | — | — |
| 2023 | $7,100 | — | $5,350 | — | — |
| 2022 | $3,520 | — | — | — | — |