Plan5500

Groschopp 401(K) Profit Sharing Plan — Form 5500 plan (Groschopp, 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, Groschopp 401(K) Profit Sharing Plan is a benefit plan reported by Groschopp, Inc. under EIN 06-0954740 and plan number 001. The latest loaded filing year is 2023. The filing reports 214 participants and $11,928,486 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Groschopp, Inc.
EIN
06-0954740
Plan number
001
Plan type
2
Location
Sioux Center, IA
Latest filing year
2023
Participants
214
End-of-year plan assets
$11,928,486

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023214H, C20240619103219NAL0003185329001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$11,928,486
Total liabilities (EOY)
$0
Net assets (EOY)
$11,928,486
Net assets (BOY)
$11,001,542

Income & contributions

Participant contributions
$429,043
Total contributions
$429,043
Total income / additions
$2,069,687

Expenses & distributions

Benefits paid
$1,129,341
Administrative expenses
$13,402
Total expenses
$1,142,743
Net increase / (decrease)
$926,944

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$13,402$02023
Wilshire Advisors LLCINVESTMENT ADVISORY$0$02023

Related Form 5500 pages