Plan Snapshot
- Plan Sponsor: Gagosian Gallery, INC.
- Sponsor EIN: 133391563
- Sponsor Address: 980 MADISON AVENUE, NEW YORK, NY, 100751848
- Plan Type: 401(k)
- Total Participants: 248
- Total Assets: $20.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 248 | $20.4M | $897,724 | $1.9M |
| 2023 | 246 | $17.6M | $729,384 | $1.7M |
| 2022 | 228 | $14.5M | $612,342 | $1.4M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORD-KEEPER | $61,841 | — | $61,841 |
| ALERA INVESTMENT ADVISORS | INVESTMENT ADVISORY - PL | $37,595 | — | $37,595 |
| LM COHEN & COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORD-KEEPER
- ALERA INVESTMENT ADVISORS — INVESTMENT ADVISORY - PL
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $99,436
- Estimated Expense Ratio: 0.486% 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 | $120,978 | — | $120,978 | — | — |
| 2023 | $110,278 | — | $110,278 | — | — |
| 2022 | $99,906 | — | $99,906 | — | — |