2023 Form 5500 filing — The Groom Construction Co., Inc. 401(K) 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 20240920110144NAL0007373745001) for The Groom Construction Co., Inc. 401(K) Plan, reported by Groom Construction Co., Inc. under EIN 04-2866322 and plan number 001. It reports 247 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240920110144NAL0007373745001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Groom Construction Co., Inc.
- EIN
- 04-2866322
- Plan number
- 001
- Location
- Salem, MA
- Participants
- 247
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,136,934
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,136,934
- Employer contributions
- $121,478
- Participant contributions
- $1,124,089
- Total income / additions
- $2,820,747
- Benefits paid
- $520,097
- Administrative expenses
- $21,553
- Total expenses
- $541,650
- Net increase / (decrease)
- $2,279,097
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Asset Strategy Advisors LLC | ADVISOR | $20,428 | not reported in the loaded dataset |