Garff Companies 401(K) Retirement Savings Plan — Form 5500 plan (Garff Enterprises, 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, Garff Companies 401(K) Retirement Savings Plan is a benefit plan reported by Garff Enterprises, Inc. under EIN 87-0259130 and plan number 003. The latest loaded filing year is 2023. The filing reports 6,801 participants and $185,528,462 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Garff Enterprises, Inc.
- EIN
- 87-0259130
- Plan number
- 003
- Plan type
- 2
- Location
- Salt Lake City, UT
- Latest filing year
- 2023
- Participants
- 6,801
- End-of-year plan assets
- $185,528,462
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 6,801 | H, C | 20240731162832NAL0012896515001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $185,528,462
- Total liabilities (EOY)
- $721,400
- Net assets (EOY)
- $184,807,062
- Net assets (BOY)
- $147,529,378
Income & contributions
- Employer contributions
- $3,238,335
- Participant contributions
- $17,733,235
- Total contributions
- $26,073,830
- Total income / additions
- $51,098,392
Expenses & distributions
- Benefits paid
- $12,653,898
- Administrative expenses
- $445,410
- Total expenses
- $13,820,708
- Net increase / (decrease)
- $37,277,684
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $445,410 | $0 | 2023 |
| Resources Investment Advisors Inc | INVESTMENT ADVISORY | $0 | $96,856 | 2023 |
| Ken Garff Automotive, LLC | OTHER SERVICES | $0 | $71,109 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Garff Enterprises, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in UT
- 401(k) and benefit plan filings in Salt Lake City, UT
- Principal Life Insurance Company — Schedule C compensation
- Resources Investment Advisors Inc — Schedule C compensation
- Ken Garff Automotive, LLC — Schedule C compensation