2023 Form 5500 filing — Fgs, LLC 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 20240731144854NAL0021721153001) for Fgs, LLC 401(K) Profit Sharing Plan, reported by Fgs, LLC under EIN 20-1364435 and plan number 001. It reports 274 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$18.4MReported net assets$18,427,436
Participants274
Provider compensation$93.5K4 Schedule C row(s)$93,509
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240731144854NAL0021721153001
Plan sponsor
Fgs, LLC
EIN
20-1364435
Plan number
001
Location
La Plata, MD
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$18.4M total assets
Net assets$18.4MLiabilities$0
Money in vs. money out
Total income / additions$5.6M
Total expenses$3.4M
Benefits paid / distributions$3.3M
Contributions
Employer$749.5K
Participant$1.7M
Full reported line items
Total assets (EOY)
$18,427,436
Total liabilities (EOY)
$0
Net assets (EOY)
$18,427,436
Employer contributions
$749,510
Participant contributions
$1,682,918
Total income / additions
$5,606,717
Benefits paid
$3,331,315
Administrative expenses
$93,510
Total expenses
$3,424,825
Net increase / (decrease)
$2,181,892

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Fidelity Investments InstitutionalRECORDKEEPER$42,429$0
Mma Securities LLCADVISOR\INVESTMENT ADV$23,323not reported in the loaded dataset
Baker Tilly Us LlpACCOUNTANT\AUDITOR$19,425not reported in the loaded dataset
Strategic Advisors, Inc.ADVISOR$8,332not reported in the loaded dataset

Related Form 5500 pages