Gnco, Inc. 401(K) Retirement Plan — Form 5500 plan (Towlift, 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, Gnco, Inc. 401(K) Retirement Plan is a benefit plan reported by Towlift, Inc. under EIN 34-0963132 and plan number 003. The latest loaded filing year is 2023. The filing reports 870 participants and $40,523,894 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Towlift, Inc.
- EIN
- 34-0963132
- Plan number
- 003
- Plan type
- 2
- Location
- Brooklyn Heights, OH
- Latest filing year
- 2023
- Participants
- 870
- End-of-year plan assets
- $40,523,894
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 870 | H, C | 20241014121356NAL0044443216001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $40,523,894
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $40,523,894
- Net assets (BOY)
- $33,448,158
Income & contributions
- Employer contributions
- $636,497
- Participant contributions
- $4,166,019
- Total contributions
- $6,465,648
- Total income / additions
- $12,261,569
Expenses & distributions
- Benefits paid
- $5,048,619
- Administrative expenses
- $137,214
- Total expenses
- $5,185,833
- Net increase / (decrease)
- $7,075,736
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $119,955 | $0 | 2023 |
| William Blair & Company L.L.C. | OTHER SERVICES | $0 | $50,777 | 2023 |
| Cbiz Investment Advisory Services, | INVESTMENT ADVISORY | $17,259 | $9 | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Towlift, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Brooklyn Heights, OH
- Principal Life Insurance Company — Schedule C compensation
- William Blair & Company L.L.C. — Schedule C compensation
- Cbiz Investment Advisory Services, — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation