Gbc International Bank 401(K) Retirement Savings Plan — Form 5500 plan (Gbc International Bank)
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, Gbc International Bank 401(K) Retirement Savings Plan is a benefit plan reported by Gbc International Bank under EIN 95-2912747 and plan number 001. The latest loaded filing year is 2023. The filing reports 128 participants and $14,177,662 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Gbc International Bank
- EIN
- 95-2912747
- Plan number
- 001
- Plan type
- 2
- Location
- Monterey Park, CA
- Latest filing year
- 2023
- Participants
- 128
- End-of-year plan assets
- $14,177,662
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 128 | H, C | 20240917163447NAL0001920099001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,177,662
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,177,662
- Net assets (BOY)
- $11,833,416
Income & contributions
- Employer contributions
- $148,844
- Participant contributions
- $812,156
- Total contributions
- $967,232
- Total income / additions
- $3,028,944
Expenses & distributions
- Benefits paid
- $607,317
- Administrative expenses
- $75,895
- Total expenses
- $684,698
- Net increase / (decrease)
- $2,344,246
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $32,958 | $0 | 2023 |
| Focus Operating, LLC | INVESTMENT ADVISOR | $23,883 | not reported in the loaded dataset | 2023 |
| Bfsg LLC | ADVISOR | $19,053 | not reported in the loaded dataset | 2023 |