Plan Snapshot
- Plan Sponsor: Gap INC.
- Sponsor EIN: 941697231
- Sponsor Address: 2 FOLSOM STREET, 12TH FLOOR, SAN FRANCISCO, CA, 94105
- Plan Type: 401(k)
- Total Participants: 68,283
- Total Assets: $2.6B
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 | 68,283 | $2.6B | $47.4M | $101.1M |
| 2023 | 70,145 | $2.4B | $47.9M | $102.6M |
| 2022 | 35,847 | $2.0B | $49.2M | $105.5M |
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 |
|---|---|---|---|---|
| T ROWE PRICE RPS INC | NONE | $1,301,579 | — | $1,301,579 |
| MERCER | NONE | $91,123 | — | $91,123 |
| DELOITTE TAX LLP | NONE | $13,032 | — | $13,032 |
| QDRO CONSULTANTS | NONE | $7,250 | — | $7,250 |
| DELOITTE & TOUCHE, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DELOITTE & TOUCHE, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,412,984
- Estimated Expense Ratio: 0.054% of plan assets
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 | $1,413,072 | $91,123 | — | — | — |
| 2023 | $1,309,985 | $75,451 | — | — | — |
| 2022 | $1,607,392 | — | — | — | $95,834 |