Gulf Equipment Corporation 401(K) Plan — Form 5500 plan (Gulf Equipment 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, Gulf Equipment Corporation 401(K) Plan is a benefit plan reported by Gulf Equipment Corporation under EIN 63-0879907 and plan number 001. The latest loaded filing year is 2023. The filing reports 154 participants and $13,479,810 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Gulf Equipment Corporation
EIN
63-0879907
Plan number
001
Plan type
2
Location
Theodore, AL
Latest filing year
2023
Participants
154
End-of-year plan assets
$13,479,810

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023154H, C20241009094513NAL0018114097001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$13,479,810
Total liabilities (EOY)
$155
Net assets (EOY)
$13,479,655
Net assets (BOY)
$11,278,315

Income & contributions

Employer contributions
$454,421
Participant contributions
$812,215
Total contributions
$1,282,077
Total income / additions
$3,179,378

Expenses & distributions

Benefits paid
$921,337
Administrative expenses
$56,701
Total expenses
$978,038
Net increase / (decrease)
$2,201,340

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Ins. Co. Of AmericaRECORDKEEPER$50,903$02023
Regions Bank Dba Regions TrustINVESTMENT ADVISOR$34,180not reported in the loaded dataset2023
Azalea AdministrationCONTRACT ADMIN$1,250$5,9112023

Related Form 5500 pages