2023 Form 5500 filing — Groschopp 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 20240619103219NAL0003185329001) for Groschopp 401(K) Profit Sharing Plan, reported by Groschopp, Inc. under EIN 06-0954740 and plan number 001. It reports 214 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240619103219NAL0003185329001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Groschopp, Inc.
- EIN
- 06-0954740
- Plan number
- 001
- Location
- Sioux Center, IA
- Participants
- 214
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,928,486
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,928,486
- Participant contributions
- $429,043
- Total income / additions
- $2,069,687
- Benefits paid
- $1,129,341
- Administrative expenses
- $13,402
- Total expenses
- $1,142,743
- Net increase / (decrease)
- $926,944
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $13,402 | $0 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |