Group Management Services, Inc. 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Group Management Services, 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, Group Management Services, Inc. 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Group Management Services, Inc. under EIN 34-1707723 and plan number 001. The latest loaded filing year is 2023. The filing reports 12,747 participants and $335,627,991 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Group Management Services, Inc.
- EIN
- 34-1707723
- Plan number
- 001
- Plan type
- 3
- Location
- Richfield, OH
- Latest filing year
- 2023
- Participants
- 12,747
- End-of-year plan assets
- $335,627,991
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 12,747 | H, C | 20241014152951NAL0027715585003 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $335,627,991
- Net assets (EOY)
- $335,627,991
- Net assets (BOY)
- $262,296,839
Income & contributions
- Employer contributions
- $13,876,231
- Participant contributions
- $31,178,169
- Total contributions
- $47,734,608
- Total income / additions
- $93,006,715
Expenses & distributions
- Benefits paid
- $40,145,334
- Administrative expenses
- $1,075,438
- Total expenses
- $41,341,613
- Net increase / (decrease)
- $51,665,102
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Financial Life Ins Co | RECORDKEEPER | $662,864 | $0 | 2023 |
| Raymond James Financial Services Ad | INVESTMENT ADVISORY-PLAN | $354,162 | not reported in the loaded dataset | 2023 |
| Corrigan Krause | AUDITOR | $78,000 | not reported in the loaded dataset | 2023 |
| Mcdonald Hopkins LLC | LEGAL | $9,337 | not reported in the loaded dataset | 2023 |
| Charles Schwab & Co. Inc. | SECURITIES BROKERAGE | $1,495 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Group Management Services, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Richfield, OH
- Transamerica Financial Life Ins Co — Schedule C compensation
- Raymond James Financial Services Ad — Schedule C compensation
- Corrigan Krause — Schedule C compensation
- Mcdonald Hopkins LLC — Schedule C compensation
- Charles Schwab & Co. Inc. — Schedule C compensation