Gower Corporation 401(K) Profit Sharing Plan — Form 5500 plan (Gower Corporation)
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, Gower Corporation 401(K) Profit Sharing Plan is a benefit plan reported by Gower Corporation under EIN 57-0293575 and plan number 001. The latest loaded filing year is 2023. The filing reports 292 participants and $25,899,130 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Gower Corporation
- EIN
- 57-0293575
- Plan number
- 001
- Plan type
- 2
- Location
- Greenville, SC
- Latest filing year
- 2023
- Participants
- 292
- End-of-year plan assets
- $25,899,130
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 292 | H, C | 20240723101725NAL0007187843001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $25,899,130
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,899,130
- Net assets (BOY)
- $28,630,154
Income & contributions
- Employer contributions
- $2,424,114
- Participant contributions
- $986,246
- Total contributions
- $3,410,360
- Total income / additions
- $6,865,977
Expenses & distributions
- Benefits paid
- $3,134,572
- Administrative expenses
- $94,282
- Total expenses
- $3,228,854
- Net increase / (decrease)
- $3,637,123
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| American Trust Company | CONTRACT ADMINISTRATION | $51,239 | $0 | 2023 |
| Northwestern Mutual Investment Serv | INVESTMENT ADVISOR | $43,043 | not reported in the loaded dataset | 2023 |