2023 Form 5500 filing — Gare, Inc. 401(K) Profit Sharing Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240522095621NAL0003708689001) for Gare, Inc. 401(K) Profit Sharing Plan, reported by Gare, Inc. under EIN 04-2798300 and plan number 001. It reports 32 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$3.7MReported net assets$3,738,177
Participants32
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20240522095621NAL0003708689001
Plan sponsor
Gare, Inc.
EIN
04-2798300
Plan number
001
Location
Haverhill, MA
Received date
not reported in the loaded dataset
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$3.7M total assets
Net assets$3.7MLiabilities$0
Money in vs. money out
Total income / additions$639.8K
Total expenses$1.2M
Benefits paid / distributions$1.2M
Contributions
Employer$42K
Participant$177.2K
Full reported line items
Total assets (EOY)
$3,738,177
Total liabilities (EOY)
$0
Net assets (EOY)
$3,738,177
Employer contributions
$42,002
Participant contributions
$177,212
Total income / additions
$639,759
Benefits paid
$1,220,663
Administrative expenses
$106
Total expenses
$1,220,769
Net increase / (decrease)
-$581,010

Related Form 5500 pages