2023 Form 5500 filing — Grand Central, Inc. 401(K) Retirement 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 20241010114515NAL0035597824001) for Grand Central, Inc. 401(K) Retirement Plan, reported by Grand Central Inc under EIN 27-0021477 and plan number 001. It reports 135 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010114515NAL0035597824001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Grand Central Inc
- EIN
- 27-0021477
- Plan number
- 001
- Location
- Detroit Lakes, MN
- Participants
- 135
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,497,655
- Total liabilities (EOY)
- $4,655
- Net assets (EOY)
- $4,493,000
- Employer contributions
- $53,291
- Participant contributions
- $228,539
- Total income / additions
- $959,805
- Benefits paid
- $354,217
- Administrative expenses
- $1,818
- Total expenses
- $356,035
- Net increase / (decrease)
- $603,770
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $1,818 | $0 |