Plan Snapshot
- Plan Sponsor: Gumgum, INC.
- Sponsor EIN: 261276256
- Sponsor Address: 2419 MICHIGAN AVE, SANTA MONICA, CA, 90404
- Plan Type: 401(k)
- Total Participants: 267
- Total Assets: $26.6M
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 | 267 | $26.6M | $1.5M | $3.4M |
| 2023 | 249 | $19.6M | $1.3M | $2.9M |
| 2022 | 258 | $13.4M | $1.1M | $2.7M |
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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY | Investment Advisor | $70,462 | — | $70,462 |
| ADP, INC. | Recordkeeper | $53,096 | — | $53,096 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY — Investment Advisor
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $123,558
- Estimated Expense Ratio: 0.465% 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 | $123,559 | $70,463 | — | — | — |
| 2023 | $105,829 | $56,247 | — | — | — |
| 2022 | $81,378 | — | — | — | — |