Gaines And Company, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Gaines And Company, Inc.)

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, Gaines And Company, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Gaines And Company, Inc. under EIN 52-0636385 and plan number 001. The latest loaded filing year is 2023. The filing reports 307 participants and $26,543,613 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Gaines And Company, Inc.
EIN
52-0636385
Plan number
001
Plan type
2
Location
Reistertown, MD
Latest filing year
2023
Participants
307
End-of-year plan assets
$26,543,613

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023307H, C20241016134205NAL0030709473001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$26,543,613
Total liabilities (EOY)
$2,320
Net assets (EOY)
$26,541,293
Net assets (BOY)
$22,232,800

Income & contributions

Employer contributions
$948,921
Participant contributions
$1,260,712
Total contributions
$2,209,633
Total income / additions
$5,706,624

Expenses & distributions

Benefits paid
$1,274,084
Administrative expenses
$89,391
Total expenses
$1,398,131
Net increase / (decrease)
$4,308,493

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Adp, Inc.RECORD KEEPER$43,282$02023
Greenspring Advisors, LLCINVESTMENT/FINANCIAL ADVI$33,108$02023
Gorfine Schiller & Gardyn, PaAUDITOR$13,000$02023

Related Form 5500 pages