Plan Snapshot
- Plan Sponsor: Gitibin & Associates, LLC Dba Go Rentals
- Sponsor EIN: 330684706
- Sponsor Address: 4300 CAMPUS DRIVE, NEWPORT BEACH, CA, 92660
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 594
- Total Assets: $4.1M
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 | 594 | $4.1M | $0 | $835,469 |
| 2023 | 442 | $3.0M | $98 | $691,702 |
| 2022 | 355 | $2.1M | $419 | $485,643 |
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 |
|---|---|---|---|---|
| MONARCH PLAN ADVISORS | Other Service Provider | $18,347 | — | $18,347 |
| JOHN HANCOCK LIFE INSURANCE COMPANY | Recordkeeper | $8,409 | — | $8,409 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE COMPANY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,756
- Estimated Expense Ratio: 0.652% 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 | $53,331 | $18,347 | $34,984 | — | — |
| 2023 | $29,477 | $13,055 | $16,422 | — | — |
| 2022 | $22,052 | — | $22,052 | — | — |