2023 Form 5500 filing — Gls Industries, 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 20250515050342NAL0014533859001) for Gls Industries, Inc. 401(K) Plan, reported by Gls Industries, Inc. under EIN 41-1665692 and plan number 001. It reports 120 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250515050342NAL0014533859001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Gls Industries, Inc.
- EIN
- 41-1665692
- Plan number
- 001
- Location
- Rochester, MN
- Participants
- 120
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,903,428
- Total liabilities (EOY)
- $11,861
- Net assets (EOY)
- $10,891,567
- Employer contributions
- $181,486
- Participant contributions
- $688,538
- Total income / additions
- $2,562,224
- Benefits paid
- $857,818
- Administrative expenses
- $47,013
- Total expenses
- $932,837
- Net increase / (decrease)
- $1,629,387
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Princor Financial Services Corporat | INVESTMENT/FINANCIAL ADVI | $17,229 | $0 |
| Adp, Inc. | RECORD KEEPER | $12,547 | $0 |
| Mesirow Financial Investment Manage | INVESTMENT/FINANCIAL ADVI | $0 | $0 |