Plan Snapshot
- Plan Sponsor: Gbg Usa INC.
- Sponsor EIN: 943032467
- Sponsor Address: 350 5TH AVE., NEW YORK, NY, 10118
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 1
- Total Assets: $5,253
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 1 | $5,253 | $0 | $0 |
| 2022 | 0 | $59.7M | $0 | -$126 |
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 |
|---|---|---|---|---|
| AON RISK SERVICES NORTHEAST, INC. | Insurance Carrier | $87,263 | — | $87,263 |
| CBIZ CPAS P.C. | Recordkeeper | $50,400 | — | $50,400 |
| SOLOMON PAGE GROUP LLC | Recordkeeper | $46,215 | — | $46,215 |
| 0 | Recordkeeper | $23,961 | — | $23,961 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $13,840 | — | $13,840 |
| VALEN LIPARI CONSULTANT | Other Service Provider | $13,000 | — | $13,000 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $9,249 | — | $9,249 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- 0 — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $243,928
- Estimated Expense Ratio: 4643.594% 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 |
|---|---|---|---|---|---|
| 2023 | $242,416 | $13,840 | — | $50,400 | — |
| 2022 | $345,591 | $25,467 | — | — | — |