Plan Snapshot
- Plan Sponsor: Gic (New York) INC.
- Sponsor EIN: 133832887
- Sponsor Address: 280 PARK AVENUE, NEW YORK, NY, 10017
- Plan Type: 401(k)
- Total Participants: 310
- Total Assets: $97.2M
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 | 310 | $97.2M | $2.4M | $6.5M |
| 2023 | 275 | $80.7M | $2.5M | $6.0M |
| 2022 | 257 | $63.2M | $2.1M | $4.6M |
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 |
|---|---|---|---|---|
| JOHANSON AND YAU ACCOUNTANCY CORP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $104,365 | $78,444 | — | — | — |
| 2023 | $108,249 | $51,459 | $1,200 | — | — |
| 2022 | $104,657 | — | — | — | — |