2023 Form 5500 filing — Gac Shipping (Usa), Inc. 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 20250822084757NAL0002473331001) for Gac Shipping (Usa), Inc. 401(K) Savings Plan, reported by Gac Shipping Usa, Inc. under EIN 82-0545223 and plan number 001. It reports 246 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)$7.6MReported net assets$7,622,774

Participants246

Provider compensation$37K2 Schedule C row(s)$36,956

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20250822084757NAL0002473331001
Plan sponsor: Gac Shipping Usa, Inc.
EIN: 82-0545223
Plan number: 001
Location: Houston, TX
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)$7.6M total assets

Net assets$7.6MLiabilities$0

Money in vs. money out

Total income / additions$1.7M

Total expenses$466.9K

Benefits paid / distributions$429.9K

Contributions

Employer$324.6K

Participant$365.9K

Full reported line items

Total assets (EOY): $7,622,774
Total liabilities (EOY): $0
Net assets (EOY): $7,622,774
Employer contributions: $324,556
Participant contributions: $365,929
Total income / additions: $1,687,104
Benefits paid: $429,928
Administrative expenses: $36,933
Total expenses: $466,861
Net increase / (decrease): $1,220,243

Schedule C

Reported service provider compensation

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

1
Lincoln National Corporation$36.2K
SERVICE PROVIDER · Direct $36.2K · Indirect $0
2
Tpa Time Of Fee Withdrawal$784
THIRD PARTY ADMINISTRATO · Direct $784

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20250822084757NAL0002473331001 cover?: It is the 2023 Form 5500 filing for Gac Shipping (Usa), Inc. 401(K) Savings Plan, reported by Gac Shipping Usa, Inc. (EIN 82-0545223).
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).