Golds Holding Corp 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2019. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Golds Holding Corp 401(k) Plan Facts (plan year 2019)

Plan name
GOLDS GYM 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
GOLDS HOLDING CORP
Participants
8,992 (8,401 active employees)
Former employees with a balance
899
Plan assets
$19,035,609 at Dec 31, 2019
Average account balance
$7,669 across 2,482 accounts
Employer contributions
$627,436 in plan year 2019 (19% of all contributions)
Recordkeeper
Wells Fargo Bank, N.a.
Plan year
Jan 1, 2019 – Dec 31, 2019
Plan established
Jan 1, 1986
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2019 (Jan 1, 2019 – Dec 31, 2019), filed Oct 6, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2019

  • $3.30 million went into the plan in contributions, $627,436 of it from the employer (19%).
  • $2.34 million was paid out to participants.
  • Investment and other income added $3.41 million.
  • Administrative expenses were $119,916, about $48 per account.

How the Golds Holding Corp 401(k) changed, 2014–2019

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20146,221$8.09 million$554,690$718,963
2015 (final)8,238$10.2 million$871,603$747,224
20169,031$11.9 million$776,851$1.71 million
20177,834$15.4 million$521,094$1.28 million
20189,063$14.8 million$686,558$2.27 million
20198,992$19.0 million$627,436$2.34 million

Golds Holding Corp 401(k) Contact Information

Phone
214-574-4653
Mailing address
4001 MAPLE AVE SUITE 200, DALLAS TX 75219
Plan sponsor
GOLDS HOLDING CORP
Employer identification number (EIN)
54-1953610
Plan number
001

Questions about the Golds Holding Corp 401(k)

Is the Golds Holding Corp 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2019, and no later filing was found under this employer's EIN.

Does Golds Holding Corp contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2019 the employer contributed $627,436, 19% of all contributions.

Does the Golds Holding Corp 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Golds Holding Corp 401(k) plan?

8,992 participants at the start of plan year 2019, 8,401 of them active employees, and 899 former employees who still had money in the plan.

What is the average 401(k) balance at Golds Holding Corp?

About $7,669 per account: $19.0 million in plan assets across 2,482 accounts with a balance at the end of plan year 2019.

Who manages the Golds Holding Corp 401(k) accounts?

Principal (listed on the filing as WELLS FARGO BANK, N.A.) is the plan's recordkeeper, which is where participants log in to see their balance.

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