Plan Snapshot
- Plan Sponsor: Gould Medical Group INC.
- Sponsor EIN: 942151374
- Sponsor Address: 600 COFFEE ROAD, MODESTO, CA, 95355
- Plan Type: 401(k)
- Total Participants: 488
- Total Assets: $483.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 488 | $483.3M | $13.8M | $9.7M |
| 2023 | 461 | $393.3M | $12.3M | $8.2M |
| 2022 | 426 | $327.7M | $11.5M | $7.7M |
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 |
|---|---|---|---|---|
| BOWMAN COMPANY LLP | Auditor | $11,000 | — | $11,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,000
- Estimated Expense Ratio: 0.002% 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 | -$152,458 | $82,282 | — | $11,000 | — |
| 2023 | -$66,810 | $75,922 | — | $10,500 | — |
| 2022 | $62,098 | $62,098 | — | — | — |