2023 Form 5500 filing — Group Management Services, Inc. 401(K) Profit Sharing Plan & Trust
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 20241014152951NAL0027715585003) for Group Management Services, Inc. 401(K) Profit Sharing Plan & Trust, reported by Group Management Services, Inc. under EIN 34-1707723 and plan number 001. It reports 12,747 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014152951NAL0027715585003
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Group Management Services, Inc.
- EIN
- 34-1707723
- Plan number
- 001
- Location
- Richfield, OH
- Participants
- 12,747
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $335,627,991
- Net assets (EOY)
- $335,627,991
- Employer contributions
- $13,876,231
- Participant contributions
- $31,178,169
- Total income / additions
- $93,006,715
- Benefits paid
- $40,145,334
- Administrative expenses
- $1,075,438
- Total expenses
- $41,341,613
- Net increase / (decrease)
- $51,665,102
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Financial Life Ins Co | RECORDKEEPER | $662,864 | $0 |
| Raymond James Financial Services Ad | INVESTMENT ADVISORY-PLAN | $354,162 | not reported in the loaded dataset |
| Corrigan Krause | AUDITOR | $78,000 | not reported in the loaded dataset |
| Mcdonald Hopkins LLC | LEGAL | $9,337 | not reported in the loaded dataset |
| Charles Schwab & Co. Inc. | SECURITIES BROKERAGE | $1,495 | $0 |