Plan Snapshot
- Plan Sponsor: Galatea Associates, LLC
- Sponsor EIN: 043337050
- Sponsor Address: 20 HOLLAND STREET, SOMERVILLE, MA, 02144
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 134
- Total Assets: $28.2M
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. |
|---|
| 2025 | 134 | $28.2M | $0 | $0 |
| 2024 | 85 | $23.2M | $503,028 | $1.3M |
| 2023 | 95 | $19.2M | $470,136 | $1.2M |
| 2022 | 78 | $14.7M | $304,486 | $1.1M |
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