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, Gb Sales & Service, Inc. Employees 401(K) Plan is a benefit plan reported by Gb Sales & Service, Inc. under EIN 38-2101721 and plan number 001. The latest loaded filing year is 2023. The filing reports 300 participants and $13,076,088 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,076,088
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,076,088
- Net assets (BOY)
- $9,953,897
Income & contributions
- Employer contributions
- $315,950
- Participant contributions
- $1,107,920
- Total contributions
- $1,431,814
- Total income / additions
- $3,373,795
Expenses & distributions
- Benefits paid
- $225,053
- Administrative expenses
- $26,551
- Total expenses
- $251,604
- Net increase / (decrease)
- $3,122,191