2023 Form 5500 filing — Gibson Insurance Agency, Inc. Employee Stock Ownership 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 20241014212616NAL0013858195001) for Gibson Insurance Agency, Inc. Employee Stock Ownership Plan, reported by Gibson Insurance Agency, Inc. under EIN 35-1116724 and plan number 003. It reports 153 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014212616NAL0013858195001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Gibson Insurance Agency, Inc.
- EIN
- 35-1116724
- Plan number
- 003
- Location
- South Bend, IN
- Participants
- 153
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $22,649,242
- Total liabilities (EOY)
- $1,004,089
- Net assets (EOY)
- $21,645,153
- Employer contributions
- $487,646
- Total income / additions
- $4,148,413
- Benefits paid
- $1,553,282
- Administrative expenses
- $0
- Total expenses
- $1,658,469
- Net increase / (decrease)
- $2,489,944
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transition Finance Strategies, LLC | NONE | $21,702 | not reported in the loaded dataset |
| Reagan Consulting, Inc. | NONE | $15,500 | not reported in the loaded dataset |
| Kruggel, Lawton & Company, LLC | NONE | $10,500 | not reported in the loaded dataset |