2023 Form 5500 filing — Gibson Overseas, Inc 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 20241014155633NAL0045206704001) for Gibson Overseas, Inc 401(K) Plan, reported by Gibson Overseas, Inc. under EIN 95-3393699 and plan number 002. It reports 421 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

EFAST2 acknowledgement
20241014155633NAL0045206704001
Filing year
2023
Form type
2
Plan sponsor
Gibson Overseas, Inc.
EIN
95-3393699
Plan number
002
Location
Commerce, CA
Participants
421
Schedules available
Schedule H, Schedule C
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$12,775,121
Total liabilities (EOY)
$33,289
Net assets (EOY)
$12,741,832
Participant contributions
$687,137
Total income / additions
$2,513,661
Benefits paid
$1,378,479
Administrative expenses
$34,864
Total expenses
$1,449,191
Net increase / (decrease)
$1,064,470
Schedule source
Schedule H

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Transamerica Life Insurance CompanyRECORDKEEPER$34,864$0

Related Form 5500 pages