2023 Form 5500 filing — The Gallo Corporation 401(K) 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 20241004134423NAL0019725680001) for The Gallo Corporation 401(K) Profit Sharing Plan, reported by Gallo Mechanical, LLC under EIN 72-0643909 and plan number 001. It reports 405 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241004134423NAL0019725680001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Gallo Mechanical, LLC
- EIN
- 72-0643909
- Plan number
- 001
- Location
- New Orleans, LA
- Participants
- 405
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,626,807
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,626,807
- Employer contributions
- $754,074
- Participant contributions
- $1,489,186
- Total income / additions
- $4,834,443
- Benefits paid
- $3,557,130
- Administrative expenses
- $8,253
- Total expenses
- $3,582,436
- Net increase / (decrease)
- $1,252,007
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Hancock Whitney Bank | ADVISOR | $8,810 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | -$557 | $0 |