Plan Snapshot
- Plan Sponsor: Golding Barge Line, INC.
- Sponsor EIN: 640940205
- Sponsor Address: 101 LEE STREET, VICKSBURG, MS, 39180
- Plan Type: 401(k)
- Total Participants: 324
- Total Assets: $16.7M
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 | 324 | $16.7M | $684,254 | $1.3M |
| 2023 | 226 | $13.7M | $555,083 | $1.1M |
| 2022 | 205 | $12.3M | $548,167 | $1.1M |
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 |
|---|---|---|---|---|
| AMERICAN UNITED LIFE INSURANCE CO | Other Service Provider | $8,968 | $61,618 | $70,586 |
| RAYMOND JAMES ASSOCIATES, INC. | Recordkeeper | — | $36,629 | $36,629 |
| FUTURE CAPITAL | Other Service Provider | $36,401 | — | $36,401 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES ASSOCIATES, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $143,616
- Estimated Expense Ratio: 0.859% 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 | $43,239 | — | — | — | — |
| 2023 | $35,289 | — | — | — | — |
| 2022 | $33,736 | $33,736 | — | — | — |