Plan Snapshot
- Plan Sponsor: Gorton'S INC.
- Sponsor EIN: 043575531
- Sponsor Address: 128 ROGERS STREET, GLOUCESTER, MA, 01930
- Plan Type: 401(k)
- Total Participants: 187
- Total Assets: $95.3M
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 | 187 | $95.3M | $2.7M | $2.2M |
| 2023 | 185 | $91.7M | $2.5M | $2.0M |
| 2022 | 186 | $86.4M | $2.2M | $2.1M |
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 |
|---|---|---|---|---|
| MAMACOS, BYSIEWICZ & ASSOCIATES 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 | $34,855 | $5,679 | — | — | — |
| 2023 | $33,172 | $2,108 | — | — | — |
| 2022 | $18,211 | — | $13,703 | — | — |