2023 Form 5500 filing — The Garlic Company 401(K) Retirement 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 20241015154949NAL0016798627001) for The Garlic Company 401(K) Retirement Plan, reported by The Garlic Company under EIN 94-2788202 and plan number 001. It reports 194 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)$7.1MReported net assets$7,110,364
Participants194
Provider compensation$23.9K2 Schedule C row(s)$23,939
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015154949NAL0016798627001
Plan sponsor
The Garlic Company
EIN
94-2788202
Plan number
001
Location
Shafter, CA
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)$7.1M total assets
Net assets$7.1MLiabilities$0
Money in vs. money out
Total income / additions$1.8M
Total expenses$1.4M
Benefits paid / distributions$1.4M
Contributions
Employer$250K
Participant$588.1K
Full reported line items
Total assets (EOY)
$7,110,364
Total liabilities (EOY)
$0
Net assets (EOY)
$7,110,364
Employer contributions
$250,031
Participant contributions
$588,090
Total income / additions
$1,754,769
Benefits paid
$1,366,473
Administrative expenses
$23,939
Total expenses
$1,433,339
Net increase / (decrease)
$321,430

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Pensionmark Financial Group LLCADVISOR$20,287not reported in the loaded dataset
Fidelity Investments InstitutionalRECORDKEEPER$3,652$0

Related Form 5500 pages