2023 Form 5500 filing — 7g Distributing, LLC 401(K) Retirement 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 20240729133327NAL0019378401001) for 7g Distributing, LLC 401(K) Retirement Plan, reported by 7g Distributing, LLC under EIN 27-2050486 and plan number 001. It reports 237 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$26.7MReported net assets$26,687,043

Participants237

Provider compensation$150.1K4 Schedule C row(s)$150,115

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20240729133327NAL0019378401001
Plan sponsor: 7g Distributing, LLC
EIN: 27-2050486
Plan number: 001
Location: Cedar Rapids, IA
Received date: not reported in the loaded dataset

How to read this filing

This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
Schedule chips (Sch H / I / C) show which schedules this filing includes.
Net assets = total assets minus total liabilities (Schedule H/I).
Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
For the plan's full history, open the plan profile.

Schedule H · 2023

Reported financial snapshot

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

Reported balance (end of year)$26.7M total assets

Net assets$26.7MLiabilities$0

Money in vs. money out

Total income / additions$5.2M

Total expenses$2M

Benefits paid / distributions$1.9M

Contributions

Employer$391.6K

Participant$1M

Full reported line items

Total assets (EOY): $26,687,043
Total liabilities (EOY): $0
Net assets (EOY): $26,687,043
Employer contributions: $391,629
Participant contributions: $1,006,052
Total income / additions: $5,214,604
Benefits paid: $1,856,909
Administrative expenses: $100,896
Total expenses: $1,957,805
Net increase / (decrease): $3,256,799

Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

1
Principal Life Insurance Company$100.9K
CONTRACT ADMINISTRATOR · Direct $100.9K · Indirect $0
2
Commonwealth Financial Network$43.9K
INVESTMENT ADVISORY · Direct $0 · Indirect $43.9K
3
7g Distributing, LLC$5.4K
ACCOUNTANT · Direct $0 · Indirect $5.4K
4
Wilshire Advisors LLC$0
INVESTMENT ADVISORY · Direct $0 · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240729133327NAL0019378401001 cover?: It is the 2023 Form 5500 filing for 7g Distributing, LLC 401(K) Retirement Plan, reported by 7g Distributing, LLC (EIN 27-2050486).
Which Form 5500 schedules are attached to this 2023 filing?: Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).