Grand Bk 401(K) Plan — Form 5500 plan (Grand Bk Corporation)
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, Grand Bk 401(K) Plan is a benefit plan reported by Grand Bk Corporation under EIN 20-4605387 and plan number 001. The latest loaded filing year is 2023. The filing reports 259 participants and $5,759,467 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Grand Bk Corporation
- EIN
- 20-4605387
- Plan number
- 001
- Plan type
- 2
- Location
- Carlstadt, NJ
- Latest filing year
- 2023
- Participants
- 259
- End-of-year plan assets
- $5,759,467
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 259 | H, C | 20241015084842NAL0029055153001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,759,467
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,759,467
- Net assets (BOY)
- $3,480,334
Income & contributions
- Employer contributions
- $664,990
- Participant contributions
- $1,073,573
- Total contributions
- $1,738,563
- Total income / additions
- $2,565,472
Expenses & distributions
- Benefits paid
- $221,841
- Administrative expenses
- $64,498
- Total expenses
- $286,339
- Net increase / (decrease)
- $2,279,133
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Onedigital Investment Advisors | INVESTMENT ADVISOR | $25,659 | not reported in the loaded dataset | 2023 |
| John Hancock Life Insurance Company | RECORDKEEPER | $740 | $0 | 2023 |