Gt Technologies 401(K) Savings Plan — Form 5500 plan (Gt Technologies 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, Gt Technologies 401(K) Savings Plan is a benefit plan reported by Gt Technologies Inc. under EIN 34-1526359 and plan number 002. The latest loaded filing year is 2023. The filing reports 425 participants and $21,003,667 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Gt Technologies Inc.
- EIN
- 34-1526359
- Plan number
- 002
- Plan type
- 2
- Location
- Westland, MI
- Latest filing year
- 2023
- Participants
- 425
- End-of-year plan assets
- $21,003,667
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 425 | H, C | 20241014133116NAL0013353635001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,003,667
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,003,667
- Net assets (BOY)
- $18,493,925
Income & contributions
- Employer contributions
- $442,712
- Participant contributions
- $1,126,714
- Total contributions
- $2,129,995
- Total income / additions
- $5,474,298
Expenses & distributions
- Benefits paid
- $2,937,514
- Administrative expenses
- $24,523
- Total expenses
- $2,964,556
- Net increase / (decrease)
- $2,509,742
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Plante & Moran, Pllc | RETAINED BY CLIENT | $14,500 | not reported in the loaded dataset | 2023 |
| John Hancock | RETAINED BY CLIENT | $10,023 | $0 | 2023 |