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, Galaxy 1 401(K) Plan is a benefit plan reported by Galaxy 1 Marketing, Inc. under EIN 36-4265652 and plan number 001. The latest loaded filing year is 2023. The filing reports 154 participants and $7,365,266 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,365,266
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,365,266
- Net assets (BOY)
- $6,485,346
Income & contributions
- Employer contributions
- $153,849
- Participant contributions
- $322,900
- Total contributions
- $476,749
- Total income / additions
- $1,626,809
Expenses & distributions
- Benefits paid
- $715,866
- Administrative expenses
- $31,023
- Total expenses
- $746,889
- Net increase / (decrease)
- $879,920