Gracent, LLC 401(K) Plan — Form 5500 plan (Gracent, 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, Gracent, LLC 401(K) Plan is a benefit plan reported by Gracent, LLC under EIN 87-2977387 and plan number 001. The latest loaded filing year is 2023. The filing reports 280 participants and $3,547,691 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Gracent, LLC
EIN
87-2977387
Plan number
001
Plan type
2
Location
Des Plaines, IL
Latest filing year
2023
Participants
280
End-of-year plan assets
$3,547,691

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023280H, C20241002160102NAL0009098977001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$3,547,691
Net assets (EOY)
$3,547,691
Net assets (BOY)
$2,654,514

Income & contributions

Employer contributions
$228,059
Participant contributions
$344,802
Total contributions
$641,005
Total income / additions
$1,111,738

Expenses & distributions

Benefits paid
$195,136
Administrative expenses
$23,425
Total expenses
$218,561
Net increase / (decrease)
$893,177

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$23,438$02023
Geneos Wealth Management IncINVESTMENT ADVISORY$0$14,3432023
Morningstar Investment ManagementINV ADV, PARTICIPANTS$0$02023

Related Form 5500 pages