Plan Snapshot
- Plan Sponsor: Galasso'S Bakery
- Sponsor EIN: 952780618
- Sponsor Address: 10820 SAN SEVAINE WAY, MIRA LOMA, CA, 917521116
- Plan Type: 401(k)
- Total Participants: 207
- Total Assets: $12.0M
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 | 207 | $12.0M | $186,262 | $584,047 |
| 2023 | 199 | $10.5M | $176,135 | $558,108 |
| 2022 | 192 | $9.5M | $182,286 | $589,618 |
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 |
|---|---|---|---|---|
| WRIGHT FORD YOUNG AND CO. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WRIGHT FORD YOUNG AND CO. — 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 | $65,404 | — | $65,404 | — | — |
| 2023 | $50,467 | — | $50,467 | — | — |
| 2022 | $56,098 | — | $56,098 | — | — |