Gemma Power Systems 401(K) Plan — Form 5500 plan (Gemma Power Systems, LLC)

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, Gemma Power Systems 401(K) Plan is a benefit plan reported by Gemma Power Systems, LLC under EIN 06-1479207 and plan number 001. The latest loaded filing year is 2023. The filing reports 328 participants and $35,286,460 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Gemma Power Systems, LLC
EIN
06-1479207
Plan number
001
Plan type
2
Location
Glastonbury, CT
Latest filing year
2023
Participants
328
End-of-year plan assets
$35,286,460

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023328H, C20241015192643NAL0030753361001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$35,286,460
Total liabilities (EOY)
$0
Net assets (EOY)
$35,286,460
Net assets (BOY)
$27,588,517

Income & contributions

Employer contributions
$1,925,097
Participant contributions
$2,178,856
Total contributions
$4,165,130
Total income / additions
$9,059,234

Expenses & distributions

Benefits paid
$1,247,418
Administrative expenses
$92,748
Total expenses
$1,361,291
Net increase / (decrease)
$7,697,943

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Woodbury Financial Services Inc.INVESTMENT/FINANCIAL ADVI$40,417$02023
Adp, Inc.RECORD KEEPER$32,741$02023
Pension Consultants, IncCONSULTANT$10,590$02023
Cohnreznick LlpACCOUNTANT$9,000$02023
Adp Broker-DealerRECORD KEEPER$0$02023

Related Form 5500 pages