Plan Snapshot
- Plan Sponsor: Moody Gardens, INC.
- Sponsor EIN: 760288131
- Sponsor Address: ONE HOPE BLVD, GALVESTON, TX, 77554
- Plan Type: 401(k)
- Total Participants: 374
- Total Assets: $11.9M
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 | 374 | $11.9M | $359,986 | $568,232 |
| 2023 | 367 | $10.5M | $348,240 | $541,084 |
| 2022 | 324 | $8.6M | $293,035 | $467,765 |
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 |
|---|---|---|---|---|
| PANNELL KERR FORSTER OF TEXAS, P.C. | 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 | $66,410 | — | $66,410 | — | — |
| 2023 | $56,258 | — | $56,258 | — | — |
| 2022 | $41,700 | — | $38,489 | — | — |