2023 Form 5500 filing — Galasso'S Bakery 401(K) Profit Sharing 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 20241009144551NAL0009316211001) for Galasso'S Bakery 401(K) Profit Sharing Plan, reported by Galasso'S Bakery under EIN 95-2780618 and plan number 001. It reports 302 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

EFAST2 acknowledgement
20241009144551NAL0009316211001
Filing year
2023
Form type
2
Plan sponsor
Galasso'S Bakery
EIN
95-2780618
Plan number
001
Location
Mira Loma, CA
Participants
302
Schedules available
Schedule H, Schedule C
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$10,460,077
Total liabilities (EOY)
$0
Net assets (EOY)
$10,460,077
Employer contributions
$176,135
Participant contributions
$558,108
Total income / additions
$2,314,543
Benefits paid
$1,335,413
Administrative expenses
$50,467
Total expenses
$1,393,740
Net increase / (decrease)
$920,803
Schedule source
Schedule H

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$50,467$0
Sageview Advisory GroupINVESTMENT ADVISORY$0$11,250

Related Form 5500 pages