Plan Snapshot
- Plan Sponsor: G & M Oil Co., INC.
- Sponsor EIN: 330259692
- Sponsor Address: 16868 A ST, HUNTINGTON BEACH, CA, 926474831
- Plan Type: 401(k)
- Total Participants: 1,215
- Total Assets: $20.2M
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 | 1,215 | $20.2M | $332,641 | $3.3M |
| 2023 | 1,123 | $18.4M | $364,104 | $3.3M |
| 2022 | 1,041 | $15.7M | $281,469 | $2.6M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $167,144 | — | $167,144 |
| THE BALDWIN GROUP WEALTH ADVISORS | Investment Advisor | — | $64,291 | $64,291 |
| JOHN HANCOCK USA | Recordkeeper | $15,974 | — | $15,974 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK USA — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $247,409
- Estimated Expense Ratio: 1.222% 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 | $157,220 | — | $157,220 | — | — |
| 2023 | $170,386 | — | $170,386 | — | — |
| 2022 | $162,136 | — | $162,136 | — | — |