2023 Form 5500 filing — Glenn Machine Works, 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 20240930163406NAL0002768755001) for Glenn Machine Works, Inc. 401(K) Plan, reported by Glenn Machine Works, Inc. under EIN 64-0470007 and plan number 001. It reports 235 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240930163406NAL0002768755001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Glenn Machine Works, Inc.
- EIN
- 64-0470007
- Plan number
- 001
- Location
- Columbus, MS
- Participants
- 235
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $8,879,441
- Net assets (EOY)
- $8,879,441
- Employer contributions
- $313,661
- Participant contributions
- $635,978
- Total income / additions
- $2,205,326
- Benefits paid
- $610,465
- Administrative expenses
- $98,401
- Total expenses
- $708,866
- Net increase / (decrease)
- $1,496,460
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $75,757 | $0 |
| Valmark Securities Inc. | BROKER/ADVISE R | $0 | $38,592 |
| Nail Mckinney Professional Assoc. | AUDITOR | $20,500 | $0 |
| T. E. Lott & Company, P.A. | CONTRACT ADMIN | $825 | $7,857 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $3,783 | $0 |