Gibson Insurance Agency, Inc. Employee Stock Ownership Plan — Form 5500 plan (Gibson Insurance Agency, 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, Gibson Insurance Agency, Inc. Employee Stock Ownership Plan is a benefit plan reported by Gibson Insurance Agency, Inc. under EIN 35-1116724 and plan number 003. The latest loaded filing year is 2023. The filing reports 153 participants and $22,649,242 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Gibson Insurance Agency, Inc.
- EIN
- 35-1116724
- Plan number
- 003
- Plan type
- 2
- Location
- South Bend, IN
- Latest filing year
- 2023
- Participants
- 153
- End-of-year plan assets
- $22,649,242
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 153 | H, C | 20241014212616NAL0013858195001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $22,649,242
- Total liabilities (EOY)
- $1,004,089
- Net assets (EOY)
- $21,645,153
- Net assets (BOY)
- $19,155,209
Income & contributions
- Employer contributions
- $487,646
- Total contributions
- $487,646
- Total income / additions
- $4,148,413
Expenses & distributions
- Benefits paid
- $1,553,282
- Administrative expenses
- $0
- Total expenses
- $1,658,469
- Net increase / (decrease)
- $2,489,944
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transition Finance Strategies, LLC | NONE | $21,702 | not reported in the loaded dataset | 2023 |
| Reagan Consulting, Inc. | NONE | $15,500 | not reported in the loaded dataset | 2023 |
| Kruggel, Lawton & Company, LLC | NONE | $10,500 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Gibson Insurance Agency, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in IN
- 401(k) and benefit plan filings in South Bend, IN
- Transition Finance Strategies, LLC — Schedule C compensation
- Reagan Consulting, Inc. — Schedule C compensation
- Kruggel, Lawton & Company, LLC — Schedule C compensation