2023 Form 5500 filing — Gaines And Company, Inc. 401(K) 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 20241016134205NAL0030709473001) for Gaines And Company, Inc. 401(K) Profit Sharing Plan, reported by Gaines And Company, Inc. under EIN 52-0636385 and plan number 001. It reports 307 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241016134205NAL0030709473001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Gaines And Company, Inc.
- EIN
- 52-0636385
- Plan number
- 001
- Location
- Reistertown, MD
- Participants
- 307
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $26,543,613
- Total liabilities (EOY)
- $2,320
- Net assets (EOY)
- $26,541,293
- Employer contributions
- $948,921
- Participant contributions
- $1,260,712
- Total income / additions
- $5,706,624
- Benefits paid
- $1,274,084
- Administrative expenses
- $89,391
- Total expenses
- $1,398,131
- Net increase / (decrease)
- $4,308,493
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $43,282 | $0 |
| Greenspring Advisors, LLC | INVESTMENT/FINANCIAL ADVI | $33,108 | $0 |
| Gorfine Schiller & Gardyn, Pa | AUDITOR | $13,000 | $0 |