2023 Form 5500 filing — Gbg, Inc. 401(K) 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 20240718110540NAL0009005344001) for Gbg, Inc. 401(K) Plan, reported by Global Benefits Group Inc. under EIN 20-3842750 and plan number 001. It reports 287 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240718110540NAL0009005344001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Global Benefits Group Inc.
- EIN
- 20-3842750
- Plan number
- 001
- Location
- Foothill Ranch, CA
- Participants
- 287
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,334,325
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,334,325
- Employer contributions
- $946,613
- Participant contributions
- $1,074,959
- Total income / additions
- $5,088,871
- Benefits paid
- $1,594,743
- Administrative expenses
- $70,618
- Total expenses
- $1,675,523
- Net increase / (decrease)
- $3,413,348
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Global Retirement Partners, LLC | NONE | $40,962 | not reported in the loaded dataset |
| Stancorp Financial Group | NONE | $29,656 | not reported in the loaded dataset |