Savings Plan For Salaried Employees Of Gorton'S — Form 5500 plan (Gorton'S Inc.)
Plain-English plan 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, Savings Plan For Salaried Employees Of Gorton'S is a benefit plan reported by Gorton'S Inc. under EIN 04-3575531 and plan number 003. The latest loaded filing year is 2023. The filing reports 293 participants and $91,666,696 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Gorton'S Inc.
- EIN
- 04-3575531
- Plan number
- 003
- Plan type
- 2
- Location
- Gloucester, MA
- Latest filing year
- 2023
- Participants
- 293
- End-of-year plan assets
- $91,666,696
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 293 | H, C | 20241015085233NAL0014272947001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $91,666,696
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $91,666,696
- Net assets (BOY)
- $86,431,174
Income & contributions
- Employer contributions
- $2,512,689
- Participant contributions
- $1,961,559
- Total contributions
- $4,548,521
- Total income / additions
- $15,732,637
Expenses & distributions
- Benefits paid
- $10,463,943
- Administrative expenses
- $33,172
- Total expenses
- $10,497,115
- Net increase / (decrease)
- $5,235,522
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | NONE | $31,064 | $0 | 2023 |
| Empower Advisory Group, LLC | NONE | $2,108 | not reported in the loaded dataset | 2023 |