2023 Form 5500 filing — Gds Associates, Inc. 401(K) Profit Sharing & Salary Deferral 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 20240807190137NAL0006849456001) for Gds Associates, Inc. 401(K) Profit Sharing & Salary Deferral Plan, reported by Gds Associates, Inc. under EIN 58-1659843 and plan number 001. It reports 240 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240807190137NAL0006849456001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Gds Associates, Inc.
- EIN
- 58-1659843
- Plan number
- 001
- Location
- Marietta, GA
- Participants
- 240
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $74,141,099
- Net assets (EOY)
- $74,141,099
- Employer contributions
- $2,873,676
- Participant contributions
- $1,792,022
- Total income / additions
- $14,521,260
- Benefits paid
- $3,204,743
- Administrative expenses
- $87,178
- Total expenses
- $3,291,921
- Net increase / (decrease)
- $11,229,339
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Ubs Financial Services, Inc | INVESTMENT ADVISOR | $71,166 | $0 |
| Empower Annuity Insurance Company | RECORDKEEPER | $25,974 | $0 |
| Retirement Plan Administrators LLC | CONTRACT ADMINISTRATOR | $0 | $10,000 |
| Empower Advisory Group, LLC | INVESTMENT MANAGEMENT | $8,867 | $0 |