2023 Form 5500 filing — Gibbs Wire & Steel Company LLC 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 20241014062209NAL0012931619001) for Gibbs Wire & Steel Company LLC Profit Sharing Plan, reported by Gibbs Wire & Steel Company LLC under EIN 84-3284267 and plan number 002. It reports 195 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$13.5MReported net assets$13,544,305
Participants195
Provider compensation$52.7K4 Schedule C row(s)$52,717
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241014062209NAL0012931619001
- Plan sponsor
- Gibbs Wire & Steel Company LLC
- EIN
- 84-3284267
- Plan number
- 002
- Location
- Elk Grove Village, IL
- 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)$13.5M total assets
Net assets$13.5MLiabilities$0
Full reported line items
- Total assets (EOY)
- $13,544,305
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,544,305
- Employer contributions
- $471,247
- Participant contributions
- $450,330
- Total income / additions
- $2,919,530
- Benefits paid
- $1,586,977
- Administrative expenses
- $52,717
- Total expenses
- $1,694,578
- Net increase / (decrease)
- $1,224,952
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $25,173 | $0 |
| Cohnreznick Llp | AUDITOR | $21,870 | not reported in the loaded dataset |
| Onedigital Investment Advisors LLC | INVESTMENT ADVISOR | $5,669 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $5 | not reported in the loaded dataset |