# Galaxy Technology, INC. 401(k) Plan
Source: https://planprovider.pro/companies/galaxy-technology-inc-401k-plan

> Galaxy Technology, INC.'s 401(k) plan: 162 participants, plan year 2023 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2023.

## 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|—|—|

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