Gmi Holding, Inc. 401(K) Plan — Form 5500 plan (Gmi Holding, 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, Gmi Holding, Inc. 401(K) Plan is a benefit plan reported by Gmi Holding, Inc. under EIN 57-1125201 and plan number 005. The latest loaded filing year is 2023. The filing reports 932 participants and $25,292,535 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$25.3MPlan net assets, end of year$25,292,535
Participants932Covered participants reported
Assets / participant$27.1KComputed: assets ÷ participants$27,138 (computed)
Provider compensation$18.1K1 Schedule C provider row(s)$18,147
- Plan sponsor
- Gmi Holding, Inc.
- EIN
- 57-1125201
- Plan number
- 005
- Plan type
- 2
- Location
- Greenwood, SC
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 932 | H, C | 20241008102749NAL0008259939001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$25.3M total assets
Net assets$25.3MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $25,292,535
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,292,535
- Net assets (BOY)
- $24,637,483
Income & contributions
- Employer contributions
- $564,178
- Participant contributions
- $1,271,708
- Total contributions
- $1,887,857
- Total income / additions
- $5,515,740
Expenses & distributions
- Benefits paid
- $2,966,678
- Administrative expenses
- $65,954
- Total expenses
- $3,032,632
- Net increase / (decrease)
- $2,483,108
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
31%69%
Employer 31%Participant 69%
Total expenses ÷ net assets12%Computed ratio
Benefits paid ÷ total income54%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $18,147 | $0 | 2023 |