2023 Form 5500 filing — Gaylor Electric, Inc. 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 20241008151538NAL0008507699001) for Gaylor Electric, Inc. 401(K) Profit Sharing Plan, reported by Gaylor Electric, Inc. under EIN 20-3727689 and plan number 001. It reports 2,206 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008151538NAL0008507699001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Gaylor Electric, Inc.
- EIN
- 20-3727689
- Plan number
- 001
- Location
- Indianapolis, IN
- Participants
- 2,206
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $62,212,125
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $62,212,125
- Employer contributions
- $3,301,456
- Participant contributions
- $7,147,694
- Total income / additions
- $19,525,784
- Benefits paid
- $5,290,974
- Administrative expenses
- $210,538
- Total expenses
- $5,501,512
- Net increase / (decrease)
- $14,024,272
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $134,974 | $0 |
| Park Avenue Securities | ADVISOR | $55,507 | not reported in the loaded dataset |
| Wellington Wealth Strategies LLC | INVESTMENT ADVISOR | $20,057 | not reported in the loaded dataset |