Greatland Corporation Employee Stock Ownership Plan — Form 5500 plan (Greatland Corporation)

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, Greatland Corporation Employee Stock Ownership Plan is a benefit plan reported by Greatland Corporation under EIN 38-2099803 and plan number 002. The latest loaded filing year is 2023. The filing reports 134 participants and $115,558,636 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$89.4MPlan net assets, end of year$89,447,694
Participants134Covered participants reported
Assets / participant$862.4KComputed: assets ÷ participants$862,378 (computed)
Provider compensationNone reported
Plan sponsor
Greatland Corporation
EIN
38-2099803
Plan number
002
Plan type
2
Location
Grand Rapids, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023134H20250623094411NAL0005850129002
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)$115.6M total assets
Net assets$89.4MLiabilities$26.1M
Money in vs. money out
Total income / additions$34.5M
Total expenses$7.6M
Benefits paid / distributions$7M
Contributions
Employer$1.9M
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$115,558,636
Total liabilities (EOY)
$26,110,942
Net assets (EOY)
$89,447,694
Net assets (BOY)
$73,800,369

Income & contributions

Employer contributions
$1,881,654
Total contributions
$1,881,654
Total income / additions
$34,476,503

Expenses & distributions

Benefits paid
$6,969,031
Administrative expenses
$1,000
Total expenses
$7,610,911
Net increase / (decrease)
$26,865,592
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.

Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income20%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages