Gene Reed Enterprises 401(K) Retirement Plan — Form 5500 plan (Gene Reed Enterprises, 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, Gene Reed Enterprises 401(K) Retirement Plan is a benefit plan reported by Gene Reed Enterprises, Inc. under EIN 57-0990378 and plan number 001. The latest loaded filing year is 2023. The filing reports 115 participants and $2,511,081 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Gene Reed Enterprises, Inc.
- EIN
- 57-0990378
- Plan number
- 001
- Plan type
- 2
- Location
- Mount Pleasant, SC
- Latest filing year
- 2023
- Participants
- 115
- End-of-year plan assets
- $2,511,081
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 115 | I | 20241003123445NAL0004862051001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $2,511,081
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,511,081
- Net assets (BOY)
- $2,267,000
Income & contributions
- Employer contributions
- $29,426
- Participant contributions
- $160,509
- Total income / additions
- $595,182
Expenses & distributions
- Benefits paid
- $316,939
- Administrative expenses
- $19,345
- Total expenses
- $351,101
- Net increase / (decrease)
- $244,081
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.