2023 Form 5500 filing — Gracent, LLC 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 20241002160102NAL0009098977001) for Gracent, LLC 401(K) Plan, reported by Gracent, LLC under EIN 87-2977387 and plan number 001. It reports 280 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241002160102NAL0009098977001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Gracent, LLC
- EIN
- 87-2977387
- Plan number
- 001
- Location
- Des Plaines, IL
- Participants
- 280
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $3,547,691
- Net assets (EOY)
- $3,547,691
- Employer contributions
- $228,059
- Participant contributions
- $344,802
- Total income / additions
- $1,111,738
- Benefits paid
- $195,136
- Administrative expenses
- $23,425
- Total expenses
- $218,561
- Net increase / (decrease)
- $893,177
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $23,438 | $0 |
| Geneos Wealth Management Inc | INVESTMENT ADVISORY | $0 | $14,343 |
| Morningstar Investment Management | INV ADV, PARTICIPANTS | $0 | $0 |