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, The Gallo Corporation 401(K) Profit Sharing Plan is a benefit plan reported by Gallo Mechanical, LLC under EIN 72-0643909 and plan number 001. The latest loaded filing year is 2023. The filing reports 405 participants and $13,626,807 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,626,807
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,626,807
- Net assets (BOY)
- $12,374,800
Income & contributions
- Employer contributions
- $754,074
- Participant contributions
- $1,489,186
- Total contributions
- $2,730,159
- Total income / additions
- $4,834,443
Expenses & distributions
- Benefits paid
- $3,557,130
- Administrative expenses
- $8,253
- Total expenses
- $3,582,436
- Net increase / (decrease)
- $1,252,007