Galpin Motors, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Galpin Motors, 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, Galpin Motors, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Galpin Motors, Inc. under EIN 95-1472486 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,430 participants and $82,088,700 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Galpin Motors, Inc.
EIN
95-1472486
Plan number
001
Plan type
2
Location
North Hills, CA
Latest filing year
2023
Participants
1,430
End-of-year plan assets
$82,088,700

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,430H, C20241015123813NAL0049425552001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$82,088,700
Total liabilities (EOY)
$0
Net assets (EOY)
$82,088,700
Net assets (BOY)
$71,096,748

Income & contributions

Employer contributions
$603,767
Participant contributions
$6,046,479
Total contributions
$6,745,991
Total income / additions
$16,708,015

Expenses & distributions

Benefits paid
$5,541,358
Administrative expenses
$177,756
Total expenses
$5,716,063
Net increase / (decrease)
$10,991,952

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Prudential Retirement Insurance AndNONE$107,798$02023
Pensionmark Financial Group LLCNONE$65,325not reported in the loaded dataset2023
Prudential Investment Management SeNONE$1,416$4,6542023

Related Form 5500 pages