Gvc Mortgage 401(K) Plan — Form 5500 plan (Gvc Mortgage 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, Gvc Mortgage 401(K) Plan is a benefit plan reported by Gvc Mortgage Inc. under EIN 35-1985128 and plan number 001. The latest loaded filing year is 2023. The filing reports 334 participants and $13,281,755 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$13.3MPlan net assets, end of year$13,281,755
Participants334Covered participants reported
Assets / participant$39.8KComputed: assets ÷ participants$39,766 (computed)
Provider compensation$57K3 Schedule C provider row(s)$56,974
Plan sponsor
Gvc Mortgage Inc.
EIN
35-1985128
Plan number
001
Plan type
2
Location
Pendleton, IN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023334H, C20241003221448NAL0018871904001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$13.3M total assets
Net assets$13.3MLiabilities$0
Money in vs. money out
Total income / additions$3.8M
Total expenses$656.9K
Benefits paid / distributions$578K
Contributions
Employer$74.7K
Participant$1.8M
Full reported line items

Net assets

Total assets (EOY)
$13,281,755
Total liabilities (EOY)
$0
Net assets (EOY)
$13,281,755
Net assets (BOY)
$10,184,391

Income & contributions

Employer contributions
$74,704
Participant contributions
$1,802,976
Total contributions
$1,909,029
Total income / additions
$3,754,300

Expenses & distributions

Benefits paid
$578,026
Administrative expenses
$56,974
Total expenses
$656,936
Net increase / (decrease)
$3,097,364
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 4%Participant 96%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income15%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John HancockRECORD KEEPER$30,132$02023
Onedigital Investment Advisors LLCRETAINED BY EMPLOYER$14,312not reported in the loaded dataset2023
The Huntington National BankINVESTMENT ADVISOR$12,530not reported in the loaded dataset2023

Related Form 5500 pages