Savings Plan For Union Employees Of Gorton'S — Form 5500 plan (Gorton'S 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, Savings Plan For Union Employees Of Gorton'S is a benefit plan reported by Gorton'S Inc. under EIN 04-3575531 and plan number 001. The latest loaded filing year is 2023. The filing reports 309 participants and $10,728,301 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Gorton'S Inc.
- EIN
- 04-3575531
- Plan number
- 001
- Plan type
- 2
- Location
- Gloucester, MA
- Latest filing year
- 2023
- Participants
- 309
- End-of-year plan assets
- $10,728,301
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 309 | H, C | 20241015085617NAL0048568240001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,728,301
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,728,301
- Net assets (BOY)
- $10,098,500
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $670,347
- Total contributions
- $670,347
- Total income / additions
- $1,738,335
Expenses & distributions
- Benefits paid
- $1,068,472
- Administrative expenses
- $32,166
- Total expenses
- $1,108,534
- Net increase / (decrease)
- $629,801
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | NONE | $31,193 | $0 | 2023 |
| Empower Advisory Group, LLC | NONE | $973 | not reported in the loaded dataset | 2023 |