Gil-Mar 401(K) Plan — Form 5500 plan (Gil-Mar Manufacturing Co.)
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, Gil-Mar 401(K) Plan is a benefit plan reported by Gil-Mar Manufacturing Co. under EIN 38-2399597 and plan number 002. The latest loaded filing year is 2023. The filing reports 170 participants and $8,876,072 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Gil-Mar Manufacturing Co.
- EIN
- 38-2399597
- Plan number
- 002
- Plan type
- 2
- Location
- Canton, MI
- Latest filing year
- 2023
- Participants
- 170
- End-of-year plan assets
- $8,876,072
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 170 | H, C | 20241008171248NAL0030616032001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,876,072
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,876,072
- Net assets (BOY)
- $7,327,934
Income & contributions
- Employer contributions
- $292,274
- Participant contributions
- $557,996
- Total contributions
- $946,647
- Total income / additions
- $2,019,124
Expenses & distributions
- Benefits paid
- $405,041
- Administrative expenses
- $65,945
- Total expenses
- $470,986
- Net increase / (decrease)
- $1,548,138
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Great Lakes Pension Associates, Inc | THIRD PARTY ADMINISTRATO | $8,433 | $0 | 2023 |
| John Hancock Life Insurance Company | RECORDKEEPER | $1,356 | $0 | 2023 |