Plan Snapshot
- Plan Sponsor: Galls, LLC
- Sponsor EIN: 203545989
- Sponsor Address: 1340 RUSSELL CAVE ROAD, LEXINGTON, KY, 405053114
- Plan Type: 401(k)
- Total Participants: 1,657
- Total Assets: $33.9M
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. |
|---|---|---|---|---|
| 2024 | 1,657 | $33.9M | $825,830 | $2.8M |
| 2023 | 1,639 | $31.2M | $706,053 | $2.5M |
| 2022 | 1,657 | $25.1M | $691,490 | $2.2M |
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 |
|---|---|---|---|---|
| GRANT THORNTON | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON — 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 | $119,506 | $23,888 | $79,686 | — | — |
| 2023 | $103,708 | $27,434 | $76,274 | — | — |
| 2022 | $121,704 | $52,587 | $69,117 | — | — |