Plan Snapshot
- Plan Sponsor: Gac Shipping Usa, INC.
- Sponsor EIN: 820545223
- Sponsor Address: 16200 CENTRAL GREEN BLVD, HOUSTON, TX, 77032
- Plan Type: 401(k)
- Total Participants: 160
- Total Assets: $8.5M
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 | 160 | $8.5M | $352,698 | $365,417 |
| 2023 | 152 | $7.6M | $324,556 | $365,929 |
| 2022 | 139 | $6.4M | $259,748 | $298,842 |
| 2021 | 131 | $7.9M | $0 | $0 |
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 |
|---|---|---|---|---|
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — Auditor
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 | $46,244 | — | $46,244 | — | — |
| 2023 | $36,933 | — | $36,933 | — | — |
| 2022 | $37,817 | — | $37,817 | — | — |
| 2021 | $64,616 | — | $64,616 | — | — |