2023 Form 5500 filing — Gbs Corp & Subsidiaries Employee Stock Ownership Plan & Trust
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 20241003092003NAL0005620611001) for Gbs Corp & Subsidiaries Employee Stock Ownership Plan & Trust, reported by Gbs Corp under EIN 34-1084079 and plan number 003. It reports 206 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241003092003NAL0005620611001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Gbs Corp
- EIN
- 34-1084079
- Plan number
- 003
- Location
- North Canton, OH
- Participants
- 206
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $111,407,121
- Total liabilities (EOY)
- $485,636
- Net assets (EOY)
- $110,921,485
- Employer contributions
- $1,094,016
- Total income / additions
- $20,557,091
- Benefits paid
- $11,550,516
- Administrative expenses
- $41,080
- Total expenses
- $11,591,596
- Net increase / (decrease)
- $8,965,495
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Chartwell Financial Advisory, Inc. | NONE | $23,500 | $0 |
| Cliftonlarsonallen Llp | NONE | $17,580 | $0 |