2023 Form 5500 filing — Gt Technologies Hourly 401(K) Savings 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 20241014133347NAL0026271057001) for Gt Technologies Hourly 401(K) Savings Plan, reported by Gt Technologies Inc. under EIN 34-1526359 and plan number 006. It reports 249 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014133347NAL0026271057001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Gt Technologies Inc.
- EIN
- 34-1526359
- Plan number
- 006
- Location
- Westland, MI
- Participants
- 249
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,330,678
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,330,678
- Employer contributions
- $194,851
- Participant contributions
- $531,663
- Total income / additions
- $1,509,026
- Benefits paid
- $849,612
- Administrative expenses
- $9,873
- Total expenses
- $859,485
- Net increase / (decrease)
- $649,541
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Plante & Moran | RETAINED BY EMPLOYER | $7,500 | not reported in the loaded dataset |
| John Hancock | RETAINED BY EMPLOYER | $2,373 | $0 |