Gala Industries, Inc.
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Retirement Plan Description
Employees' Stock Ownership and Profit Sharing Plan of Gala Industries, Inc. is a defined contribution plan with a stock bonus component and leveraged ESOP component. This plan has a BrightScope Rating of 80, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Participation Rate, and Total Plan Cost. Employees' Stock Ownership and Profit Sharing Plan of Gala Industries, Inc. currently has over 100 active participants and over $43.9M in plan assets.
|1.||Gala Industries, Inc. Common Stock||95%|
|2.||SunTrust Advantage Money Market||4%|
181 Pauley Street
Eagle Rock, VA 24085-3602
|Administrator||Mary T. Morris|
|Net Plan Assets||$43,900,000|
|Avg Account Balance||$240,000|
|Summers Manufacturing Co.||80.4|
|The Rdi Group General Partnership||71.4|
|Cameron Manufacturing & Design||71.4|
|Phillips Machine Service||70.6|