Glasfloss Industries, Inc. Employee Stock Ownership Plan — Form 5500 plan (Glasfloss Industries, 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, Glasfloss Industries, Inc. Employee Stock Ownership Plan is a benefit plan reported by Glasfloss Industries, Inc. under EIN 75-0942338 and plan number 002. The latest loaded filing year is 2023. The filing reports 752 participants and $23,191,081 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Glasfloss Industries, Inc.
- EIN
- 75-0942338
- Plan number
- 002
- Plan type
- 2
- Location
- Desoto, TX
- Latest filing year
- 2023
- Participants
- 752
- End-of-year plan assets
- $23,191,081
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 752 | H | 20250217091751NAL0002643056001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $23,191,081
- Total liabilities (EOY)
- $74,089,669
- Net assets (EOY)
- -$50,898,588
- Net assets (BOY)
- $9,346,361
Income & contributions
- Employer contributions
- $6,318,914
- Total contributions
- $6,318,914
- Total income / additions
- -$58,377,508
Expenses & distributions
- Benefits paid
- $99,751
- Administrative expenses
- $1,346
- Total expenses
- $1,867,441
- Net increase / (decrease)
- -$60,244,949
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.