2023 Form 5500 filing — Gibson & Associates 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 20241004103951NAL0012105809002) for Gibson & Associates 401(K) Plan, reported by Gibson & Associates, Inc. under EIN 75-2057660 and plan number 001. It reports 209 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)$9.9MReported net assets$9,944,306
Participants209
Provider compensation$21.4K4 Schedule C row(s)$21,430
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241004103951NAL0012105809002
Plan sponsor
Gibson & Associates, Inc.
EIN
75-2057660
Plan number
001
Location
Balch Springs, TX
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)$9.9M total assets
Net assets$9.9MLiabilities
Money in vs. money out
Total income / additions$2.3M
Total expenses$760.9K
Benefits paid / distributions$739.9K
Contributions
Employer$375.9K
Participant$647.2K
Full reported line items
Total assets (EOY)
$9,944,306
Net assets (EOY)
$9,944,306
Employer contributions
$375,878
Participant contributions
$647,191
Total income / additions
$2,294,218
Benefits paid
$739,903
Administrative expenses
$20,269
Total expenses
$760,937
Net increase / (decrease)
$1,533,281
Schedule C

Reported service provider compensation

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

  1. 1
    RECORDKEEPER · Direct $9.4K · Indirect $78
  2. 2
    RECORDKEEPER · Direct $9.1K · Indirect $0
  3. 3
    INVESTMENT ADVISORY - PLA · Direct $1.8K · Indirect $0
  4. 4
    BROKER · Direct $0 · Indirect $1.1K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241004103951NAL0012105809002 cover?
It is the 2023 Form 5500 filing for Gibson & Associates 401(K) Plan, reported by Gibson & Associates, Inc. (EIN 75-2057660).
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).

Related Form 5500 pages