Gbs Corp & Subsidiaries Employee Stock Ownership Plan & Trust — Form 5500 plan (Gbs Corp)
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, Gbs Corp & Subsidiaries Employee Stock Ownership Plan & Trust is a benefit plan reported by Gbs Corp under EIN 34-1084079 and plan number 003. The latest loaded filing year is 2023. The filing reports 206 participants and $111,407,121 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Gbs Corp
- EIN
- 34-1084079
- Plan number
- 003
- Plan type
- 2
- Location
- North Canton, OH
- Latest filing year
- 2023
- Participants
- 206
- End-of-year plan assets
- $111,407,121
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 206 | H, C | 20241003092003NAL0005620611001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $111,407,121
- Total liabilities (EOY)
- $485,636
- Net assets (EOY)
- $110,921,485
- Net assets (BOY)
- $101,955,990
Income & contributions
- Employer contributions
- $1,094,016
- Total contributions
- $1,094,016
- Total income / additions
- $20,557,091
Expenses & distributions
- Benefits paid
- $11,550,516
- Administrative expenses
- $41,080
- Total expenses
- $11,591,596
- Net increase / (decrease)
- $8,965,495
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Chartwell Financial Advisory, Inc. | NONE | $23,500 | $0 | 2023 |
| Cliftonlarsonallen Llp | NONE | $17,580 | $0 | 2023 |