2023 Form 5500 filing — Global Steering Systems, 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 20241011103903NAL0038458000001) for Global Steering Systems, LLC 401(K) Plan, reported by Global Steering Systems, LLC under EIN 80-0367626 and plan number 001. It reports 362 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011103903NAL0038458000001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Global Steering Systems, LLC
- EIN
- 80-0367626
- Plan number
- 001
- Location
- Watertown, CT
- Participants
- 362
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $9,703,035
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,703,035
- Employer contributions
- $258,801
- Participant contributions
- $848,493
- Total income / additions
- $2,548,048
- Benefits paid
- $628,223
- Administrative expenses
- $51,913
- Total expenses
- $756,278
- Net increase / (decrease)
- $1,791,770
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch Pierce Fenner & Smith | INVESTMENT ADVISOR | $24,807 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $23,592 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $3,514 | not reported in the loaded dataset |