2023 Form 5500 filing — Gbank 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 20250609110132NAL0024234624001) for Gbank 401(K) Profit Sharing Plan, reported by Gbank under EIN 26-0154236 and plan number 001. It reports 198 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250609110132NAL0024234624001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Gbank
- EIN
- 26-0154236
- Plan number
- 001
- Location
- Las Vegas, NV
- Participants
- 198
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,462,534
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,462,534
- Employer contributions
- $693,739
- Participant contributions
- $1,280,926
- Total income / additions
- $4,618,402
- Benefits paid
- $817,903
- Administrative expenses
- $52,514
- Total expenses
- $897,976
- Net increase / (decrease)
- $3,720,426
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Co. | CONTRACT ADMINISTRATOR | $50,803 | $0 |
| Commonwealth Financial Network | INVESTMENT ADVISORY | $0 | $21,907 |
| Economic Group Pension Services | CONTRACT ADMINISTRATOR | $1,715 | $15,560 |