Plan Snapshot
- Plan Sponsor: Gonzalez & Sons Equipment, INC.
- Sponsor EIN: 650250651
- Sponsor Address: PO BOX 126370, HIALEAH, FL, 330121606
- Plan Type: 401(k)
- Total Participants: 190
- Total Assets: $7.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 190 | $7.8M | $468,396 | $572,412 |
| 2023 | 190 | $7.1M | $496,065 | $613,100 |
| 2022 | 217 | $5.9M | $518,410 | $647,121 |
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 |
|---|---|---|---|---|
| BENITEZ & COMPANY CPAS, LLC | 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 | $8,446 | $8,446 | — | — | — |
| 2023 | $8,313 | $8,313 | — | — | — |
| 2022 | $6,503 | $6,503 | — | — | — |