Gibbs Wire & Steel Company LLC Profit Sharing Plan — Form 5500 plan (Gibbs Wire & Steel Company 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, Gibbs Wire & Steel Company LLC Profit Sharing Plan is a benefit plan reported by Gibbs Wire & Steel Company LLC under EIN 84-3284267 and plan number 002. The latest loaded filing year is 2023. The filing reports 195 participants and $13,544,305 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Gibbs Wire & Steel Company LLC
- EIN
- 84-3284267
- Plan number
- 002
- Plan type
- 2
- Location
- Elk Grove Village, IL
- Latest filing year
- 2023
- Participants
- 195
- End-of-year plan assets
- $13,544,305
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 195 | H, C | 20241014062209NAL0012931619001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,544,305
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,544,305
- Net assets (BOY)
- $12,319,353
Income & contributions
- Employer contributions
- $471,247
- Participant contributions
- $450,330
- Total contributions
- $996,796
- Total income / additions
- $2,919,530
Expenses & distributions
- Benefits paid
- $1,586,977
- Administrative expenses
- $52,717
- Total expenses
- $1,694,578
- Net increase / (decrease)
- $1,224,952
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $25,173 | $0 | 2023 |
| Cohnreznick Llp | AUDITOR | $21,870 | not reported in the loaded dataset | 2023 |
| Onedigital Investment Advisors LLC | INVESTMENT ADVISOR | $5,669 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $5 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Gibbs Wire & Steel Company LLC
- 2023 Form 5500 filing
- Form 5500 filings in IL
- 401(k) and benefit plan filings in Elk Grove Village, IL
- Empower Annuity Insurance Company — Schedule C compensation
- Cohnreznick Llp — Schedule C compensation
- Onedigital Investment Advisors LLC — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation