Gic (New York) 401(k) match, vesting and fees
What Gic (New York)'s 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Johanson and Yau Accountancy Corp (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Gic (New York): employer contribution per participant | $6,485 | |
| Peer median | $2,868 |
| Gic (New York): average balance | $261,293 | |
| Peer median | $95,281 |
| Gic (New York): admin expenses ÷ assets | 0.12% | |
| Peer median | 0.22% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $72.7M at the end of plan year 2021 to $97.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 434 | $97.2M | $2.4M | $6,485 | 0.12% | Not published | Form 5500 ↗ |
| 2023 | 382 | $80.7M | $2.5M | $7,044 | 0.15% | Not published | Form 5500 ↗ |
| 2022 | 359 | $63.2M | $2.1M | $6,447 | 0.15% | Not published | Form 5500 ↗ |
| 2021 | 317 | $72.7M | $1.9M | $6,492 | 0.18% | Not published | Form 5500 ↗ |
Common questions
Does Gic (New York) match 401(k) contributions?
The match terms for the Gic 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $2.4M in employer contributions, about $6,485 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Gic (New York) 401(k) match vested?
The vesting schedule for the Gic 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Gic (New York) 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Gic (New York) Inc..
I left Gic (New York). How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Gic (New York) Inc., (212) 856-2500) or the recordkeeper, Fidelity Investments Institutional. The Gic (New York) old 401(k) page lists the contacts from every plan filing. Find an old Gic (New York) 401(k)
Data from the public Form 5500 annual reports Gic (New York) filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Gic (New York). Not financial advice. Report a correction · Methodology