Plan Snapshot
- Plan Sponsor: General Air Conditioning & Heating, INC.
- Sponsor EIN: 330585587
- Sponsor Address: 31170 RESERVE DR, THOUSAND PALMS, CA, 92276
- Plan Type: 401(k)
- Total Participants: 57
- Total Assets: $2.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 57 | $2.0M | $0 | $91,155 |
| 2023 | 56 | $1.8M | $0 | $103,454 |
| 2022 | 68 | $1.7M | $0 | $123,871 |
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 |
|---|---|---|---|---|
| CORPORATE BENEFIT SYSTEMS, INC. | NONE | $12,195 | — | $12,195 |
| BEACON ADVISORS | NA | $10,007 | — | $10,007 |
| JULY BUSINESS SERVICES, LLC | NA | $8,063 | — | $8,063 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BEACON ADVISORS — NA
- JULY BUSINESS SERVICES, LLC — NA
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,265
- Estimated Expense Ratio: 1.486% 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 | $124,546 | — | $29,735 | — | — |
| 2023 | $278,968 | — | $29,315 | — | — |
| 2022 | $174,389 | — | $26,857 | — | — |