2023 Form 5500 filing — Golden Touch Imports, Inc. 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 20241008091735NAL0016383377001) for Golden Touch Imports, Inc. Profit Sharing Plan, reported by Golden Touch Imports, Inc. under EIN 13-2815248 and plan number 002. It reports 424 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008091735NAL0016383377001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Golden Touch Imports, Inc.
- EIN
- 13-2815248
- Plan number
- 002
- Location
- New York, NY
- Participants
- 424
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $37,497,017
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $37,497,017
- Employer contributions
- $808,936
- Participant contributions
- $2,144,778
- Total income / additions
- $8,791,497
- Benefits paid
- $3,091,846
- Administrative expenses
- $100,969
- Total expenses
- $3,192,815
- Net increase / (decrease)
- $5,598,682
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $98,713 | $0 |
| Osaic Wealth, Inc | OTHER SERVICES | $0 | $20,938 |
| Associated Pension Consultants | CONTRACT ADMINISTRATOR | $2,310 | $5,452 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |