Plan Snapshot
- Plan Sponsor: Gfi Capital Resources Group, INC.
- Sponsor EIN: 133697990
- Sponsor Address: 45 BROADWAY, NEW YORK, NY, 10006
- Plan Type: 401(k)
- Total Participants: 61
- Total Assets: $6.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 61 | $6.4M | $56,225 | $589,373 |
| 2023 | 71 | $6.7M | $58,133 | $595,194 |
| 2022 | 69 | $6.2M | $54,795 | $530,270 |
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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC | ADVISOR | $25,582 | — | $25,582 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $15,296 | — | $15,296 |
| ROTH & COMPANY LLP | ACCOUNTANT/AUDITOR | $13,000 | — | $13,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES INC — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- ROTH & COMPANY LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,878
- Estimated Expense Ratio: 0.848% 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 | $53,878 | $25,582 | — | $13,000 | — |
| 2023 | $43,328 | $24,479 | — | — | — |
| 2022 | $55,241 | — | — | — | — |