Plan Snapshot
- Plan Sponsor: Gitsit Solutions, LLC
- Sponsor EIN: 260423240
- Sponsor Address: 333 S.ANITA DRIVE, ORANGE, CA, 92868
- Plan Type: 401(k)
- Total Participants: 74
- 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 | 74 | $10.9M | $70,865 | $516,207 |
| 2023 | 66 | $9.8M | $71,971 | $579,657 |
| 2022 | 78 | $8.7M | $56,907 | $520,510 |
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 |
|---|---|---|---|---|
| WELLS FARGO CLEARING SERVICES LLC | ADVISOR | — | $16,323 | $16,323 |
| PROSPERA FINANCIAL SERVICES | ADVISOR | — | $8,766 | $8,766 |
| PENSION ASSURANCE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PENSION ASSURANCE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,089
- Estimated Expense Ratio: 0.231% 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 | $1,013 | — | — | — | — |
| 2023 | $644 | — | — | — | — |
| 2022 | $663 | — | — | — | — |