Plan Snapshot
- Plan Sponsor: Gordon Sales, INC.
- Sponsor EIN: 720785239
- Sponsor Address: 5023 HAZEL JONES ROAD, BOSSIER CITY, LA, 71111
- Plan Type: 401(k)
- Total Participants: 189
- Total Assets: $11.4M
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 | 189 | $11.4M | $0 | $718,798 |
| 2023 | 132 | $9.8M | $0 | $641,346 |
| 2022 | 139 | $8.2M | $0 | $593,806 |
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 |
|---|---|---|---|---|
| HEARD, MCELROY, & VESTAL, 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 | $1,184,602 | — | $49,325 | — | — |
| 2023 | $469,165 | — | $37,433 | — | — |
| 2022 | $49,631 | $20,457 | — | — | — |