2023 Form 5500 filing — Gemma Power Systems 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 20241015192643NAL0030753361001) for Gemma Power Systems 401(K) Plan, reported by Gemma Power Systems, LLC under EIN 06-1479207 and plan number 001. It reports 328 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015192643NAL0030753361001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Gemma Power Systems, LLC
- EIN
- 06-1479207
- Plan number
- 001
- Location
- Glastonbury, CT
- Participants
- 328
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $35,286,460
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $35,286,460
- Employer contributions
- $1,925,097
- Participant contributions
- $2,178,856
- Total income / additions
- $9,059,234
- Benefits paid
- $1,247,418
- Administrative expenses
- $92,748
- Total expenses
- $1,361,291
- Net increase / (decrease)
- $7,697,943
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Woodbury Financial Services Inc. | INVESTMENT/FINANCIAL ADVI | $40,417 | $0 |
| Adp, Inc. | RECORD KEEPER | $32,741 | $0 |
| Pension Consultants, Inc | CONSULTANT | $10,590 | $0 |
| Cohnreznick Llp | ACCOUNTANT | $9,000 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |