2023 Form 5500 filing — General Logistics Systems Us, 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 20240812074307NAL0009291057001) for General Logistics Systems Us, Inc. 401(K) Plan, reported by General Logistics Systems Us, Inc. under EIN 94-3221288 and plan number 001. It reports 1,410 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

EFAST2 acknowledgement
20240812074307NAL0009291057001
Filing year
2023
Form type
2
Plan sponsor
General Logistics Systems Us, Inc.
EIN
94-3221288
Plan number
001
Location
Stockton, CA
Participants
1,410
Schedules available
Schedule H, Schedule C
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$20,638,095
Total liabilities (EOY)
$125,923
Net assets (EOY)
$20,512,172
Employer contributions
$466,025
Participant contributions
$1,419,223
Total income / additions
$5,068,941
Benefits paid
$2,902,815
Administrative expenses
$185,037
Total expenses
$3,087,852
Net increase / (decrease)
$1,981,089
Schedule source
Schedule H

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Transamerica Financial Life InsRECORD KEEPER$139,510$0
Admin. Group, LLC Dba Tag ResourcesRECORD KEEPER$45,527$0

Related Form 5500 pages