Plan Snapshot
- Plan Sponsor: George Chiala Farms, INC.
- Sponsor EIN: 770532648
- Sponsor Address: 15500 HILL ROAD, MORGAN HILL, CA, 95037
- Plan Type: 401(k)
- Total Participants: 312
- Total Assets: $10.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 312 | $10.9M | $296,060 | $602,408 |
| 2023 | 337 | $9.3M | $319,068 | $615,551 |
| 2022 | 330 | $8.0M | $318,642 | $594,653 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISOR | $19,419 | — | $19,419 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $19,088 | — | $19,088 |
| REDWITZ, INC. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- REDWITZ, INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,507
- Estimated Expense Ratio: 0.352% 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 | $40,884 | $21,796 | — | — | — |
| 2023 | $32,562 | $16,405 | — | — | — |
| 2022 | $39,256 | $24,010 | $15,246 | — | — |