Plan Snapshot
- Plan Sponsor: Galaxy Technology, INC.
- Sponsor EIN: 480992511
- Sponsor Address: 1111 INDUSTRIAL RD., WINFIELD, KS, 67156
- Plan Type: 401(k)
- Total Participants: 162
- Total Assets: $11.3M
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. |
|---|---|---|---|---|
| 2023 | 162 | $11.3M | $232,456 | $567,818 |
| 2022 | 176 | $10.7M | $169,690 | $566,840 |
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 |
|---|---|---|---|---|
| BKC | 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 |
|---|---|---|---|---|---|
| 2023 | $69,491 | $33,481 | $36,010 | — | — |
| 2022 | $62,946 | $31,416 | $31,530 | — | — |