Plan Snapshot
- Plan Sponsor: General Mortgage Capital Corpo
- Sponsor EIN: 470953861
- Sponsor Address: 1350 BAYSHORE HWY STE 740, BURLINGAME, CA, 940101816
- Plan Type: 401(k)
- Total Participants: 151
- Total Assets: $5.3M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 151 | $5.3M | $0 | $879,815 |
| 2023 | 113 | $4.0M | $0 | $519,665 |
| 2022 | 91 | $3.0M | $146,056 | $807,085 |
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 |
|---|---|---|---|---|
| FERMATA 401K, LLC | ADVISOR | $21,034 | — | $21,034 |
| PAYCHEX, INC. | RECORDKEEPER | $10,312 | — | $10,312 |
| WUHOOVER & CO. LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — RECORDKEEPER
- WUHOOVER & CO. LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,346
- Estimated Expense Ratio: 0.586% 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 | $39,188 | $22,766 | $16,422 | — | — |
| 2023 | $33,089 | $18,505 | $14,584 | — | — |
| 2022 | $28,061 | $16,264 | $11,797 | — | — |