Plan Snapshot
- Plan Sponsor: Golden Touch Imports, INC.
- Sponsor EIN: 132815248
- Sponsor Address: 500 7TH AVENUE, NEW YORK, NY, 10018
- Plan Type: 401(k)
- Total Participants: 324
- Total Assets: $42.3M
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 | 324 | $42.3M | $748,675 | $2.2M |
| 2023 | 303 | $37.5M | $808,936 | $2.1M |
| 2022 | 315 | $30.7M | $711,975 | $1.9M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $108,798 | — | $108,798 |
| OSAIC WEALTH, INC | OTHER SERVICES | — | $25,238 | $25,238 |
| ASSOCIATED PENSION CONSULTANTS | CONTRACT ADMINISTRATOR | $5,366 | $5,627 | $10,993 |
| HERTZ HERSON CPA LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- OSAIC WEALTH, INC — OTHER SERVICES
- HERTZ HERSON CPA LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $145,029
- Estimated Expense Ratio: 0.343% 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 | $114,163 | — | $114,163 | — | — |
| 2023 | $100,969 | — | $100,969 | — | — |
| 2022 | $99,584 | — | $99,584 | — | — |