Gradient Financial Group LLC 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Gradient Financial Group 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, Gradient Financial Group LLC 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Gradient Financial Group LLC under EIN 26-3422329 and plan number 001. The latest loaded filing year is 2023. The filing reports 449 participants and $16,098,048 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Gradient Financial Group LLC
- EIN
- 26-3422329
- Plan number
- 001
- Plan type
- 2
- Location
- Arden Hills, MN
- Latest filing year
- 2023
- Participants
- 449
- End-of-year plan assets
- $16,098,048
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 449 | H, C | 20240925111547NAL0005412499001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,098,048
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,098,048
- Net assets (BOY)
- $12,667,594
Income & contributions
- Employer contributions
- $486,551
- Participant contributions
- $1,803,531
- Total contributions
- $2,421,662
- Total income / additions
- $4,929,523
Expenses & distributions
- Benefits paid
- $1,460,017
- Administrative expenses
- $39,052
- Total expenses
- $1,499,069
- Net increase / (decrease)
- $3,430,454
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Paychex, Inc. | RECORDKEEPER | $28,501 | not reported in the loaded dataset | 2023 |