Golden Rain Foundation 401(K) Retirement Plan — Form 5500 plan (Golden Rain Foundation Of Walnut Creek)

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, Golden Rain Foundation 401(K) Retirement Plan is a benefit plan reported by Golden Rain Foundation Of Walnut Creek under EIN 94-1655715 and plan number 002. The latest loaded filing year is 2023. The filing reports 180 participants and $15,476,970 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$15.5MPlan net assets, end of year$15,476,970
Participants180Covered participants reported
Assets / participant$86KComputed: assets ÷ participants$85,983 (computed)
Provider compensation$30.7K2 Schedule C provider row(s)$30,659
Plan sponsor
Golden Rain Foundation Of Walnut Creek
EIN
94-1655715
Plan number
002
Plan type
2
Location
Walnut Creek, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023180H, C20241014181343NAL0047124832001
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)$15.5M total assets
Net assets$15.5MLiabilities$0
Money in vs. money out
Total income / additions$3.7M
Total expenses$3.9M
Benefits paid / distributions$3.9M
Contributions
Employer$383.2K
Participant$844.4K
Full reported line items

Net assets

Total assets (EOY)
$15,476,970
Total liabilities (EOY)
$0
Net assets (EOY)
$15,476,970
Net assets (BOY)
$15,763,080

Income & contributions

Employer contributions
$383,219
Participant contributions
$844,427
Total contributions
$1,376,396
Total income / additions
$3,657,215

Expenses & distributions

Benefits paid
$3,902,284
Administrative expenses
$30,659
Total expenses
$3,943,325
Net increase / (decrease)
-$286,110
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 31%Participant 69%
Total expenses ÷ net assets25%Computed ratio
Benefits paid ÷ total income107%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$15,582$02023
Newfront Retirement Services, Inc.INVESTMENT ADVISOR$15,077not reported in the loaded dataset2023

Related Form 5500 pages