Global Steering Systems, LLC 401(K) Plan — Form 5500 plan (Global Steering Systems, LLC)

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, Global Steering Systems, LLC 401(K) Plan is a benefit plan reported by Global Steering Systems, LLC under EIN 80-0367626 and plan number 001. The latest loaded filing year is 2023. The filing reports 362 participants and $9,703,035 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Global Steering Systems, LLC
EIN
80-0367626
Plan number
001
Plan type
2
Location
Watertown, CT
Latest filing year
2023
Participants
362
End-of-year plan assets
$9,703,035

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023362H, C20241011103903NAL0038458000001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$9,703,035
Total liabilities (EOY)
$0
Net assets (EOY)
$9,703,035
Net assets (BOY)
$7,911,265

Income & contributions

Employer contributions
$258,801
Participant contributions
$848,493
Total contributions
$1,170,454
Total income / additions
$2,548,048

Expenses & distributions

Benefits paid
$628,223
Administrative expenses
$51,913
Total expenses
$756,278
Net increase / (decrease)
$1,791,770

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Merrill Lynch Pierce Fenner & SmithINVESTMENT ADVISOR$24,807not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$23,592$02023
Empower Advisory Group, LLCINVESTMENT MGMT$3,514not reported in the loaded dataset2023

Related Form 5500 pages