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, Gls Industries, Inc. 401(K) Plan is a benefit plan reported by Gls Industries, Inc. under EIN 41-1665692 and plan number 001. The latest loaded filing year is 2023. The filing reports 120 participants and $10,903,428 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,903,428
- Total liabilities (EOY)
- $11,861
- Net assets (EOY)
- $10,891,567
- Net assets (BOY)
- $9,262,180
Income & contributions
- Employer contributions
- $181,486
- Participant contributions
- $688,538
- Total contributions
- $878,768
- Total income / additions
- $2,562,224
Expenses & distributions
- Benefits paid
- $857,818
- Administrative expenses
- $47,013
- Total expenses
- $932,837
- Net increase / (decrease)
- $1,629,387