2023 Form 5500 filing — First Guaranty 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 20240731121859NAL0014292547001) for First Guaranty 401(K) Plan, reported by First Guaranty Mortgage Corporation under EIN 54-1429575 and plan number 001. It reports 1,071 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240731121859NAL0014292547001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- First Guaranty Mortgage Corporation
- EIN
- 54-1429575
- Plan number
- 001
- Location
- Dallas, TX
- Participants
- 1,071
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $34,089
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $34,089
- Total income / additions
- $2,078,867
- Benefits paid
- $17,609,606
- Administrative expenses
- $188,009
- Total expenses
- $17,797,615
- Net increase / (decrease)
- -$15,718,748
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fgmc Liquidating Trust | CONTRACT ADMINISTRATOR | $85,085 | not reported in the loaded dataset |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $62,932 | $0 |
| Cambridge Investment Research Advis | INVESTMENT ADVISORY | $39,992 | $14,897 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |