2023 Form 5500 filing — Gear Motions, Inc. Employee Stock Ownership 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 20241011165019NAL0023268993001) for Gear Motions, Inc. Employee Stock Ownership Plan, reported by Gear Motions, Inc. under EIN 04-2518333 and plan number 003. It reports 136 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$4.3MReported net assets$4,286,074
Participants136
Provider compensationNone reported
Schedules filedSchedule HLoaded schedules
EFAST2 acknowledgement
20241011165019NAL0023268993001
Plan sponsor
Gear Motions, Inc.
EIN
04-2518333
Plan number
003
Location
Syracuse, NY
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
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)$7.4M total assets
Net assets$4.3MLiabilities$3.1M
Money in vs. money out
Total income / additions$26.7K
Total expenses$434K
Benefits paid / distributions$317K
Contributions
Employer$359K
ParticipantNot reported
Full reported line items
Total assets (EOY)
$7,357,921
Total liabilities (EOY)
$3,071,847
Net assets (EOY)
$4,286,074
Employer contributions
$358,957
Total income / additions
$26,664
Benefits paid
$317,031
Administrative expenses
$0
Total expenses
$434,009
Net increase / (decrease)
-$407,345

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241011165019NAL0023268993001 cover?
It is the 2023 Form 5500 filing for Gear Motions, Inc. Employee Stock Ownership Plan, reported by Gear Motions, Inc. (EIN 04-2518333).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials).

Related Form 5500 pages