Plan Snapshot
- Plan Sponsor: Gulf Distributing Co., INC.
- Sponsor EIN: 630657383
- Sponsor Address: 3378 MOFFETT RD, MOBILE, AL, 36607
- Plan Type: 401(k)
- Total Participants: 1,391
- Total Assets: $23.3M
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 | 1,391 | $23.3M | $556,042 | $2.3M |
| 2023 | 756 | $21.0M | $504,288 | $2.1M |
| 2022 | 692 | $18.0M | $396,546 | $1.9M |
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 |
|---|---|---|---|---|
| THE HIGHLANDS ACCOUNTING GROUP | 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 | $144,963 | $51,908 | $1,200 | — | — |
| 2023 | $128,810 | $45,324 | — | — | — |
| 2022 | $132,288 | — | — | — | — |