2023 Form 5500 filing — Gap Solutions, Inc. 401(K) Profit Sharing Plan & Trust
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 20241007162348NAL0007768419001) for Gap Solutions, Inc. 401(K) Profit Sharing Plan & Trust, reported by Gap Solutions, Inc. under EIN 54-1903817 and plan number 001. It reports 1,092 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007162348NAL0007768419001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Gap Solutions, Inc.
- EIN
- 54-1903817
- Plan number
- 001
- Location
- Herndon, VA
- Participants
- 1,092
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $18,640,423
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,640,423
- Employer contributions
- $1,358,811
- Participant contributions
- $2,161,375
- Total income / additions
- $6,434,058
- Benefits paid
- $3,135,412
- Administrative expenses
- $169,903
- Total expenses
- $3,305,315
- Net increase / (decrease)
- $3,128,743
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions, | RECORDKEEPER | $101,833 | $0 |
| The Retirement Advantage | RECORD KEEPER | $36,421 | $230 |