Plan Snapshot
- Plan Sponsor: Gm Culinary
- Sponsor EIN: 853499923
- Sponsor Address: 500 W 2ND ST FLOOR 19, AUSTIN, TX, 78701
- Plan Type: 401(k)
- Total Participants: 93
- Total Assets: $2.5M
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 | 93 | $2.5M | $105,635 | $487,048 |
| 2023 | 121 | $2.0M | $113,261 | $483,879 |
| 2022 | 182 | $1.5M | $133,053 | $431,343 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $17,586 | — | $17,586 |
| RAYMOND JAMES & ASSOCIATES INC | Investment Advisor | $10,786 | — | $10,786 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $28,372
- Estimated Expense Ratio: 1.130% 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 | $29,017 | $11,431 | — | — | — |
| 2023 | $24,237 | $8,254 | — | — | — |
| 2022 | $4,602 | — | $2,158 | — | $2,444 |