2023 Form 5500 filing — Global Packaging, Inc. 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 20241011112905NAL0022661249001) for Global Packaging, Inc. 401(K) Plan, reported by Global Packaging, Inc. under EIN 23-2863392 and plan number 003. It reports 346 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 3 · 2023

Filing snapshot

Net assets (EOY)$39.8MReported net assets$39,820,770
Participants346
Provider compensation$87.6K2 Schedule C row(s)$87,634
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241011112905NAL0022661249001
Plan sponsor
Global Packaging, Inc.
EIN
23-2863392
Plan number
003
Location
Oaks, PA
Received date
not reported in the loaded dataset
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)$39.8M total assets
Net assets$39.8MLiabilities$0
Money in vs. money out
Total income / additions$9M
Total expenses$3M
Benefits paid / distributions$2.9M
Contributions
Employer$2.3M
Participant$2M
Full reported line items
Total assets (EOY)
$39,820,770
Total liabilities (EOY)
$0
Net assets (EOY)
$39,820,770
Employer contributions
$2,271,263
Participant contributions
$2,034,303
Total income / additions
$8,957,055
Benefits paid
$2,865,736
Administrative expenses
$87,626
Total expenses
$2,959,575
Net increase / (decrease)
$5,997,480

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$62,477$0
Merrill Lynch Pierce Fenner & SmithCONSULTANT$25,137$20

Related Form 5500 pages