Plan Snapshot
- Plan Sponsor: Gate Gourmet, INC.
- Sponsor EIN: 363333786
- Sponsor Address: 11955 DEMOCRACY DRIVE, RESTON, VA, 20190
- Plan Type: DB
- Plan Number: 001
- Total Participants: 536
- Total Assets: $163.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 536 | $163.8M | $29.6M | $0 |
| 2023 | 586 | $133.2M | $9.1M | $0 |
| 2022 | 641 | $125.1M | $14.3M | $0 |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $373,482 | — | $373,482 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $373,482
- Estimated Expense Ratio: 0.228% 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 | $2,980,183 | — | — | — | — |
| 2023 | $3,808,820 | — | $213,654 | — | — |
| 2022 | $4,510,425 | — | — | — | — |