2023 Form 5500 filing — Joe Gibbs Racing 401(K) Savings 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 20241001125820NAL0003263427001) for Joe Gibbs Racing 401(K) Savings Plan, reported by Joe Gibbs Racing, LLC under EIN 92-3748332 and plan number 001. It reports 647 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241001125820NAL0003263427001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Joe Gibbs Racing, LLC
- EIN
- 92-3748332
- Plan number
- 001
- Location
- Huntersville, NC
- Participants
- 647
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $76,348,734
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $76,348,734
- Employer contributions
- $781,110
- Participant contributions
- $3,134,103
- Total income / additions
- $14,287,578
- Benefits paid
- $8,817,048
- Administrative expenses
- $151,372
- Total expenses
- $8,977,517
- Net increase / (decrease)
- $5,310,061
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $77,870 | $0 |
| Rpa Financial, LLC | INVESTMENT ADVISORY | $73,062 | $938 |