Gale Banks Engineering Employee Savings Plan — Form 5500 plan (Gale Banks Engineering)
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, Gale Banks Engineering Employee Savings Plan is a benefit plan reported by Gale Banks Engineering under EIN 95-2687960 and plan number 001. The latest loaded filing year is 2023. The filing reports 168 participants and $9,664,965 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Gale Banks Engineering
- EIN
- 95-2687960
- Plan number
- 001
- Plan type
- 2
- Location
- Azusa, CA
- Latest filing year
- 2023
- Participants
- 168
- End-of-year plan assets
- $9,664,965
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 168 | H, C | 20241011114232NAL0010874035001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,664,965
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,664,965
- Net assets (BOY)
- $7,794,343
Income & contributions
- Employer contributions
- $191,138
- Participant contributions
- $561,502
- Total contributions
- $868,744
- Total income / additions
- $2,233,527
Expenses & distributions
- Benefits paid
- $311,233
- Administrative expenses
- $25,937
- Total expenses
- $362,905
- Net increase / (decrease)
- $1,870,622
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Morgan Stanley Smith Barney | INVESTMENT/FINANCIAL ADVI | $25,397 | $0 | 2023 |
| Adp, Inc. | RECORD KEEPER | $540 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |