Plan5500

Gem Healthcare 401(K) Plan — Form 5500 plan (Gem Healthcare Employment Agency)

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, Gem Healthcare 401(K) Plan is a benefit plan reported by Gem Healthcare Employment Agency under EIN 11-2990506 and plan number 001. The latest loaded filing year is 2023. The filing reports 132 participants and $898,218 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Gem Healthcare Employment Agency
EIN
11-2990506
Plan number
001
Plan type
2
Location
Freeport, NY
Latest filing year
2023
Participants
132
End-of-year plan assets
$898,218

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023132H, C20241014132051NAL0013340339001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$898,218
Total liabilities (EOY)
$0
Net assets (EOY)
$898,218
Net assets (BOY)
$702,310

Income & contributions

Participant contributions
$272,655
Total contributions
$272,655
Total income / additions
$388,077

Expenses & distributions

Benefits paid
$178,714
Administrative expenses
$13,455
Total expenses
$192,169
Net increase / (decrease)
$195,908

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$13,454$02023
Wilshire Advisors LLCINVESTMENT ADVISORY$0$02023

Related Form 5500 pages