Plan Snapshot
- Plan Sponsor: Giglio Distributing Company
- Sponsor EIN: 741682722
- Sponsor Address: 155 S M L KING JR PKWY, BEAUMONT, TX, 77701
- Plan Type: 401(k)
- Total Participants: 739
- Total Assets: $17.0M
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 | 739 | $17.0M | $185,492 | $360,222 |
| 2023 | 323 | $14.6M | $197,301 | $378,776 |
| 2022 | 285 | $11.9M | $179,084 | $347,172 |
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 |
|---|---|---|---|---|
| COOK PARKER & ASSOCIATES, LLC | 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 | $1,410,312 | — | $2,875 | — | — |
| 2023 | $820,827 | — | $1,750 | — | — |
| 2022 | $2,025 | — | — | — | — |