Plain-English plan 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, General Insulation Company 401(K) Profit Sharing Plan is a benefit plan reported by General Insulation Company, Inc. under EIN 04-1044750 and plan number 001. The latest loaded filing year is 2023. The filing reports 384 participants and $23,591,747 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $23,591,747
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $23,591,747
- Net assets (BOY)
- $17,514,954
Income & contributions
- Employer contributions
- $1,003,712
- Participant contributions
- $1,131,025
- Total contributions
- $2,232,173
- Total income / additions
- $7,338,353
Expenses & distributions
- Benefits paid
- $1,221,512
- Administrative expenses
- $40,048
- Total expenses
- $1,261,560
- Net increase / (decrease)
- $6,076,793