The Gorman-Rupp Company Retirement Plan — Form 5500 plan (The Gorman-Rupp Company)
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, The Gorman-Rupp Company Retirement Plan is a benefit plan reported by The Gorman-Rupp Company under EIN 34-0253990 and plan number 003. The latest loaded filing year is 2023. The filing reports 526 participants and $53,749,336 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Gorman-Rupp Company
- EIN
- 34-0253990
- Plan number
- 003
- Plan type
- 2
- Location
- Mansfield, OH
- Latest filing year
- 2023
- Participants
- 526
- End-of-year plan assets
- $53,749,336
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 526 | H, C | 20250918071228NAL0000536451001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $53,749,336
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $53,749,336
- Net assets (BOY)
- $48,350,235
Income & contributions
- Employer contributions
- $3,350,000
- Total contributions
- $3,350,000
- Total income / additions
- $7,401,190
Expenses & distributions
- Benefits paid
- $1,634,737
- Administrative expenses
- $367,352
- Total expenses
- $2,002,089
- Net increase / (decrease)
- $5,399,101
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock Retirement | RETAINED BY EMPLOYER | $150,000 | $0 | 2023 |
| Bank Of America | RETAINED BY EMPLOYER | $144,756 | not reported in the loaded dataset | 2023 |
| Columbia Management | RETAINED BY EMPLOYER | $56,638 | not reported in the loaded dataset | 2023 |