Plan5500

General Grind And Machine, Inc. Profit Sharing Plan And Trust — Form 5500 plan (General Grind And Machine, 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, General Grind And Machine, Inc. Profit Sharing Plan And Trust is a benefit plan reported by General Grind And Machine, Inc. under EIN 36-3049009 and plan number 001. The latest loaded filing year is 2023. The filing reports 408 participants and $29,836,191 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
General Grind And Machine, Inc.
EIN
36-3049009
Plan number
001
Plan type
2
Location
Aledo, IL
Latest filing year
2023
Participants
408
End-of-year plan assets
$29,836,191

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023408H, C20241014162848NAL0026712065001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$29,836,191
Total liabilities (EOY)
$0
Net assets (EOY)
$29,836,191
Net assets (BOY)
$26,001,512

Income & contributions

Employer contributions
$544,118
Participant contributions
$1,489,714
Total contributions
$2,033,832
Total income / additions
$6,697,342

Expenses & distributions

Benefits paid
$2,785,348
Administrative expenses
$77,315
Total expenses
$2,862,663
Net increase / (decrease)
$3,834,679

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$77,314$02023
Mwa Financial Services IncOTHER SERVICES$0$12,4942023

Related Form 5500 pages