Galloway Ridge 403(B) Plan — Form 5500 plan (Galloway Ridge, 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, Galloway Ridge 403(B) Plan is a benefit plan reported by Galloway Ridge, Inc. under EIN 56-2277623 and plan number 001. The latest loaded filing year is 2023. The filing reports 239 participants and $3,513,693 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Galloway Ridge, Inc.
EIN
56-2277623
Plan number
001
Plan type
2
Location
Pittsboro, NC
Latest filing year
2023
Participants
239
End-of-year plan assets
$3,513,693

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023239H, C20241003121957NAL0004856579001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$3,513,693
Total liabilities (EOY)
$0
Net assets (EOY)
$3,513,693
Net assets (BOY)
$3,247,140

Income & contributions

Employer contributions
$131,532
Participant contributions
$382,680
Total contributions
$526,617
Total income / additions
$987,230

Expenses & distributions

Benefits paid
$699,010
Administrative expenses
$21,667
Total expenses
$720,677
Net increase / (decrease)
$266,553

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$20,766$02023
Stifel Nicolaus & Company IncOTHER SERVICES$0$15,1082023

Related Form 5500 pages