Plan Snapshot
- Plan Sponsor: Gulfside Casino Partnership
- Sponsor EIN: 640823397
- Sponsor Address: 3300 WEST BEACH BLVD., GULFPORT, MS, 39501
- Plan Type: 401(k)
- Total Participants: 1,417
- Total Assets: $21.8M
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 | 1,417 | $21.8M | $400,823 | $1.5M |
| 2023 | 1,382 | $18.9M | $409,779 | $1.5M |
| 2022 | 1,376 | $15.5M | $393,448 | $1.5M |
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 |
|---|---|---|---|---|
| CAPITAL GROUP RETIREMENT PLAN SVCS. | Recordkeeper | $91,997 | — | $91,997 |
| UBS FINANCIAL SERVICES INC | Investment Advisor | $37,545 | — | $37,545 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $129,542
- Estimated Expense Ratio: 0.594% 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 | $133,155 | $37,545 | — | — | — |
| 2023 | $124,960 | $31,492 | — | — | — |
| 2022 | $139,360 | — | $139,360 | — | — |