2023 Form 5500 filing — Gws Tool 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 20241014072922NAL0025662225001) for Gws Tool 401(K)Plan, reported by Gws Tool, LLC under EIN 36-4790066 and plan number 002. It reports 625 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014072922NAL0025662225001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Gws Tool, LLC
- EIN
- 36-4790066
- Plan number
- 002
- Location
- Tavares, FL
- Participants
- 625
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,237,718
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,237,718
- Employer contributions
- $977,360
- Participant contributions
- $1,943,162
- Total income / additions
- $6,159,881
- Benefits paid
- $3,620,488
- Administrative expenses
- $99,422
- Total expenses
- $3,719,910
- Net increase / (decrease)
- $2,439,971
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $47,182 | $0 |
| Merrill Lynch Pierce Fenner | INVESTMENT ADVISOR | $42,382 | not reported in the loaded dataset |
| July Business Services | CONTRACT ADMIN | $10,796 | $10,000 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $13,288 | not reported in the loaded dataset |
| Qdro Consultants Company,LLC | OTHER | $400 | not reported in the loaded dataset |