2023 Form 5500 filing — Morris & Garritano Insurance Agency, Inc. 401k 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 20240826084532NAL0017231600001) for Morris & Garritano Insurance Agency, Inc. 401k Profit Sharing Plan, reported by Morris & Garritano Insurance Agency, Inc. under EIN 95-2304670 and plan number 002. It reports 151 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240826084532NAL0017231600001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Morris & Garritano Insurance Agency, Inc.
- EIN
- 95-2304670
- Plan number
- 002
- Location
- San Luis Obispo, CA
- Participants
- 151
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,703,728
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,703,728
- Employer contributions
- $263,072
- Participant contributions
- $784,584
- Total income / additions
- $3,384,084
- Benefits paid
- $515,953
- Administrative expenses
- $30,886
- Total expenses
- $591,140
- Net increase / (decrease)
- $2,792,944
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions, | RECORDKEEPER | $17,497 | $0 |
| Caliber Audit & Attest | AUDITOR | $11,500 | not reported in the loaded dataset |
| Hicks Pension Services - San Luis O | RECORDKEEPER | $1,889 | not reported in the loaded dataset |
| Charles Schwab & Co., Inc | SECURITIES BROKERAGE | $70 | not reported in the loaded dataset |