2023 Form 5500 filing — G & M Oil Co., Inc. Retirement 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 20241015170331NAL0016932643001) for G & M Oil Co., Inc. Retirement Savings Plan, reported by G & M Oil Co., Inc. under EIN 33-0259692 and plan number 001. It reports 1,237 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)$18.4MReported net assets$18,401,924
Participants1.2K1,237
Provider compensation$227.2K2 Schedule C row(s)$227,247
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015170331NAL0016932643001
Plan sponsor
G & M Oil Co., Inc.
EIN
33-0259692
Plan number
001
Location
Huntington Beach, 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)$18.4M total assets
Net assets$18.4MLiabilities$0
Money in vs. money out
Total income / additions$6.7M
Total expenses$4M
Benefits paid / distributions$3.9M
Contributions
Employer$364.1K
Participant$3.3M
Full reported line items
Total assets (EOY)
$18,401,924
Total liabilities (EOY)
$0
Net assets (EOY)
$18,401,924
Employer contributions
$364,104
Participant contributions
$3,344,576
Total income / additions
$6,667,688
Benefits paid
$3,851,768
Administrative expenses
$170,386
Total expenses
$4,011,992
Net increase / (decrease)
$2,655,696

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$170,386$0
Burnham Gibson Wealth Advisors, IncINVESTMENT ADVISORY$0$56,861

Related Form 5500 pages