2023 Form 5500 filing — Gibbs Wire & Steel Company LLC 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 20241014062209NAL0012931619001) for Gibbs Wire & Steel Company LLC Profit Sharing Plan, reported by Gibbs Wire & Steel Company LLC under EIN 84-3284267 and plan number 002. It reports 195 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014062209NAL0012931619001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Gibbs Wire & Steel Company LLC
- EIN
- 84-3284267
- Plan number
- 002
- Location
- Elk Grove Village, IL
- Participants
- 195
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,544,305
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,544,305
- Employer contributions
- $471,247
- Participant contributions
- $450,330
- Total income / additions
- $2,919,530
- Benefits paid
- $1,586,977
- Administrative expenses
- $52,717
- Total expenses
- $1,694,578
- Net increase / (decrease)
- $1,224,952
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $25,173 | $0 |
| Cohnreznick Llp | AUDITOR | $21,870 | not reported in the loaded dataset |
| Onedigital Investment Advisors LLC | INVESTMENT ADVISOR | $5,669 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $5 | not reported in the loaded dataset |