2023 Form 5500 filing — General Distributing Company 401(K) Profit Sharing Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240723161800NAL0006807587001) for General Distributing Company 401(K) Profit Sharing Plan, reported by General Distributing Company under EIN 87-0275548 and plan number 001. It reports 195 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240723161800NAL0006807587001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- General Distributing Company
- EIN
- 87-0275548
- Plan number
- 001
- Location
- Salt Lake City, UT
- Participants
- 195
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,644,523
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,644,523
- Employer contributions
- $254,998
- Participant contributions
- $658,789
- Total income / additions
- $2,966,340
- Benefits paid
- $364,692
- Administrative expenses
- $46,752
- Total expenses
- $418,296
- Net increase / (decrease)
- $2,548,044
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $33,906 | $0 |
| Transitional Broker LLC | BROKER/ADVISER | $0 | $24,955 |
| National Benefit Services | CONTRACT ADMIN | $9,266 | not reported in the loaded dataset |
| Pensionmark Financial Group LLC | OTHER | $2,207 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGR. | $639 | not reported in the loaded dataset |
| Geneos Wealth Management | BROKER/ADVISOR | $0 | $521 |