Plan Snapshot
- Plan Sponsor: G. O. Carlson, INC.
- Sponsor EIN: 230457636
- Sponsor Address: 175 MAIN STREET, OIL CITY, PA, 16301
- Plan Type: 401(k)
- Total Participants: 257
- Total Assets: $20.9M
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 | 257 | $20.9M | $255,029 | $1.0M |
| 2023 | 269 | $20.4M | $200,961 | $886,493 |
| 2022 | 259 | $19.1M | $194,880 | $870,355 |
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 |
|---|---|---|---|---|
| MCGILL, POWER, BELL & ASSOC., LLP | 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 | $40,715 | $12,674 | $300 | — | — |
| 2023 | $26,297 | $606 | — | — | — |
| 2022 | $42,125 | $40,844 | $1,281 | — | — |