Plan Snapshot
- Plan Sponsor: Golding Farms Foods, INC.
- Sponsor EIN: 561010573
- Sponsor Address: 6061 GUN CLUB ROAD, WINSTON-SALEM, NC, 27103
- Plan Type: 401(k)
- Total Participants: 261
- Total Assets: $4.4M
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 | 261 | $4.4M | $376,502 | $721,792 |
| 2023 | 252 | $3.3M | $233,976 | $499,085 |
| 2022 | 242 | $3.2M | $183,430 | $337,325 |
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 |
|---|---|---|---|---|
| SIMIONE MACCA & LARROW LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $7,672 | — | — | — | — |
| 2023 | $9,282 | — | — | — | — |
| 2022 | $8,047 | — | $8,047 | — | — |