Plan5500

Gravity Payments 401(K) Plan — Form 5500 plan (Gravity Payments, 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, Gravity Payments 401(K) Plan is a benefit plan reported by Gravity Payments, Inc. under EIN 20-0723594 and plan number 001. The latest loaded filing year is 2023. The filing reports 284 participants and $12,352,700 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Gravity Payments, Inc.
EIN
20-0723594
Plan number
001
Plan type
2
Location
Boise, ID
Latest filing year
2023
Participants
284
End-of-year plan assets
$12,352,700

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023284H, C20241014171427NAL0015349267001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$12,352,700
Total liabilities (EOY)
$60
Net assets (EOY)
$12,352,640
Net assets (BOY)
$8,867,854

Income & contributions

Employer contributions
$695,661
Participant contributions
$1,440,931
Total contributions
$2,397,873
Total income / additions
$4,332,781

Expenses & distributions

Benefits paid
$808,835
Administrative expenses
$39,160
Total expenses
$847,995
Net increase / (decrease)
$3,484,786

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Randall & Hurley, Inc.NONE$34,045$02023
Charles Schwab & Co. Inc.NONE$5,115$02023

Related Form 5500 pages