The Groom Construction Co., Inc. 401(K) Plan — Form 5500 plan (Groom Construction Co., Inc.)

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, The Groom Construction Co., Inc. 401(K) Plan is a benefit plan reported by Groom Construction Co., Inc. under EIN 04-2866322 and plan number 001. The latest loaded filing year is 2023. The filing reports 247 participants and $10,136,934 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Groom Construction Co., Inc.
EIN
04-2866322
Plan number
001
Plan type
2
Location
Salem, MA
Latest filing year
2023
Participants
247
End-of-year plan assets
$10,136,934

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023247H, C20240920110144NAL0007373745001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$10,136,934
Total liabilities (EOY)
$0
Net assets (EOY)
$10,136,934
Net assets (BOY)
$7,857,837

Income & contributions

Employer contributions
$121,478
Participant contributions
$1,124,089
Total contributions
$1,429,261
Total income / additions
$2,820,747

Expenses & distributions

Benefits paid
$520,097
Administrative expenses
$21,553
Total expenses
$541,650
Net increase / (decrease)
$2,279,097

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Asset Strategy Advisors LLCADVISOR$20,428not reported in the loaded dataset2023

Related Form 5500 pages