2023 Form 5500 filing — Ghafari Companies 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 20241014145404NAL0026478385001) for Ghafari Companies 401(K) Plan, reported by Ghafari Associates, LLC under EIN 38-3530824 and plan number 001. It reports 919 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)$99.6MReported net assets$99,609,930
Participants919
Provider compensation$127.8K3 Schedule C row(s)$127,762
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241014145404NAL0026478385001
Plan sponsor
Ghafari Associates, LLC
EIN
38-3530824
Plan number
001
Location
Dearborn, MI
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)$99.6M total assets
Net assets$99.6MLiabilities$0
Money in vs. money out
Total income / additions$24.8M
Total expenses$5.8M
Benefits paid / distributions$5.6M
Contributions
Employer$1.1M
Participant$6.8M
Full reported line items
Total assets (EOY)
$99,609,930
Total liabilities (EOY)
$0
Net assets (EOY)
$99,609,930
Employer contributions
$1,130,912
Participant contributions
$6,795,977
Total income / additions
$24,772,028
Benefits paid
$5,646,868
Administrative expenses
$127,488
Total expenses
$5,774,356
Net increase / (decrease)
$18,997,672
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    INVESTMENT ADVISOR · Direct $105K
  2. 2
    ADVISOR · Direct $18.6K
  3. 3
    RECORDKEEPER · Direct $4.2K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241014145404NAL0026478385001 cover?
It is the 2023 Form 5500 filing for Ghafari Companies 401(K) Plan, reported by Ghafari Associates, LLC (EIN 38-3530824).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages