Plan Snapshot
- Plan Sponsor: Gobrands, INC.
- Sponsor EIN: 474409123
- Sponsor Address: 537 N 3RD ST, PHILADELPHIA, PA, 191232936
- Plan Type: 401(k)
- Total Participants: 4,198
- Total Assets: $76.6M
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 | 4,198 | $76.6M | $4.0M | $7.9M |
| 2023 | 5,113 | $69.5M | $4.8M | $10.3M |
| 2022 | 2,367 | $50.3M | $1.2M | $2.8M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTSINSTITUTIONAL | RECORDKEEPER | $178,803 | — | $178,803 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $16,453 | — | $16,453 |
| BELFINT, LYONS & SHUMAN, P.A. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTSINSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- BELFINT, LYONS & SHUMAN, P.A. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $195,256
- Estimated Expense Ratio: 0.255% 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 | $195,256 | $16,453 | — | — | — |
| 2023 | $178,634 | $14,817 | $1,200 | — | — |
| 2022 | $129,764 | $15,622 | — | — | — |