The Gerson Companies 401(K) And Profit Sharing Plan — Form 5500 plan (The Gerson Companies)
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, The Gerson Companies 401(K) And Profit Sharing Plan is a benefit plan reported by The Gerson Companies under EIN 44-0515427 and plan number 001. The latest loaded filing year is 2023. The filing reports 446 participants and $9,339,306 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Gerson Companies
- EIN
- 44-0515427
- Plan number
- 001
- Plan type
- 2
- Location
- Olathe, KS
- Latest filing year
- 2023
- Participants
- 446
- End-of-year plan assets
- $9,339,306
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 446 | H, C | 20250806094207NAL0003592608001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,339,306
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,339,306
- Net assets (BOY)
- $7,216,860
Income & contributions
- Employer contributions
- $66,843
- Participant contributions
- $612,070
- Total contributions
- $759,978
- Total income / additions
- $2,653,080
Expenses & distributions
- Benefits paid
- $474,110
- Administrative expenses
- $56,524
- Total expenses
- $530,634
- Net increase / (decrease)
- $2,122,446
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $42,086 | $0 | 2023 |
| Triune Financial Partners | INVESTMENT ADVISORY | $0 | $25,438 | 2023 |
| Cliftonlarsenallen Llp | ACCOUNTANT | $14,437 | not reported in the loaded dataset | 2023 |