Gateway Dealer Network 401(K) Plan — Form 5500 plan (Gateway Dealer Network, 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, Gateway Dealer Network 401(K) Plan is a benefit plan reported by Gateway Dealer Network, LLC under EIN 84-2017338 and plan number 001. The latest loaded filing year is 2023. The filing reports 428 participants and $23,513,773 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$23.5MPlan net assets, end of year$23,513,773
Participants428Covered participants reported
Assets / participant$54.9KComputed: assets ÷ participants$54,939 (computed)
Provider compensation$18.1K2 Schedule C provider row(s)$18,144
Plan sponsor
Gateway Dealer Network, LLC
EIN
84-2017338
Plan number
001
Plan type
2
Location
Valley Park, MO
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023428H, C20241014083932NAL0026836209001
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)$23.5M total assets
Net assets$23.5MLiabilities$0
Money in vs. money out
Total income / additions$5.8M
Total expenses$2.8M
Benefits paid / distributions$2.8M
Contributions
Employer$1M
Participant$1.9M
Full reported line items

Net assets

Total assets (EOY)
$23,513,773
Total liabilities (EOY)
$0
Net assets (EOY)
$23,513,773
Net assets (BOY)
$13,115,741

Income & contributions

Employer contributions
$1,041,135
Participant contributions
$1,876,163
Total contributions
$3,123,944
Total income / additions
$5,777,009

Expenses & distributions

Benefits paid
$2,760,444
Administrative expenses
$20,466
Total expenses
$2,790,670
Net increase / (decrease)
$2,986,339

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Forvis LlpAUDITOR$12,180not reported in the loaded dataset2023
Sentry Life Insurance CompanyRECORDKEEPER$5,964$02023

Related Form 5500 pages