Gaylor Electric, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Gaylor Electric, 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, Gaylor Electric, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Gaylor Electric, Inc. under EIN 20-3727689 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,206 participants and $62,212,125 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Gaylor Electric, Inc.
EIN
20-3727689
Plan number
001
Plan type
2
Location
Indianapolis, IN
Latest filing year
2023
Participants
2,206
End-of-year plan assets
$62,212,125

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,206H, C20241008151538NAL0008507699001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$62,212,125
Total liabilities (EOY)
$0
Net assets (EOY)
$62,212,125
Net assets (BOY)
$48,187,853

Income & contributions

Employer contributions
$3,301,456
Participant contributions
$7,147,694
Total contributions
$11,023,158
Total income / additions
$19,525,784

Expenses & distributions

Benefits paid
$5,290,974
Administrative expenses
$210,538
Total expenses
$5,501,512
Net increase / (decrease)
$14,024,272

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$134,974$02023
Park Avenue SecuritiesADVISOR$55,507not reported in the loaded dataset2023
Wellington Wealth Strategies LLCINVESTMENT ADVISOR$20,057not reported in the loaded dataset2023

Related Form 5500 pages