Plan Snapshot
- Plan Sponsor: Gowan Company, LLC
- Sponsor EIN: 860817046
- Sponsor Address: 370 S MAIN ST, YUMA, AZ, 85364
- Plan Type: 401(k)
- Total Participants: 891
- Total Assets: $91.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 891 | $91.6M | $2.6M | $5.1M |
| 2023 | 889 | $80.2M | $2.3M | $4.6M |
| 2022 | 750 | $69.3M | $2.2M | $4.4M |
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 |
|---|---|---|---|---|
| FROST, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FROST, PLLC — Auditor
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 | $114,958 | $21,463 | — | — | — |
| 2023 | $100,090 | $19,460 | — | — | — |
| 2022 | $102,688 | $19,155 | — | — | — |