Plan Snapshot
- Plan Sponsor: Grand Openings, INC.
- Sponsor EIN: 751944572
- Sponsor Address: 1959 W. NORTHWEST HWY, DALLAS, TX, 75220
- Plan Type: 401(k)
- Total Participants: 134
- Total Assets: $10.3M
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 | 134 | $10.3M | $165,868 | $496,088 |
| 2023 | 133 | $9.0M | $126,837 | $486,365 |
| 2022 | 135 | $7.6M | $118,253 | $423,724 |
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 |
|---|---|---|---|---|
| CONDLEY & CO, LLP | 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 | $651,642 | — | $20,407 | — | — |
| 2023 | $375,126 | — | $21,909 | — | — |
| 2022 | $19,666 | — | — | — | — |