Plan Snapshot
- Plan Sponsor: The Galman Group, Ltd.
- Sponsor EIN: 232341130
- Sponsor Address: 261 OLD YORK ROAD, JENKINTOWN, PA, 19046
- Plan Type: 401(k)
- Total Participants: 285
- Total Assets: $6.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 285 | $6.1M | $69,531 | $432,274 |
| 2023 | 205 | $5.7M | $541 | $335,988 |
| 2022 | 150 | $4.8M | $71,286 | $339,754 |
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 |
|---|---|---|---|---|
| BUCKNO LISICKY & CO | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BUCKNO LISICKY & CO — Auditor
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 | $613,562 | — | $1,742 | — | — |
| 2023 | $202,498 | — | $1,596 | — | — |
| 2022 | $1,269 | — | — | — | — |