David A Gallo & Associates Llp 401(K) Profit Sharing Plan & Trust — Form 5500 plan (David A Gallo & Associates Llp)

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, David A Gallo & Associates Llp 401(K) Profit Sharing Plan & Trust is a benefit plan reported by David A Gallo & Associates Llp under EIN 11-2795187 and plan number 001. The latest loaded filing year is 2023. The filing reports 87 participants and $5,144,252 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$5.1MPlan net assets, end of year$5,144,252
Participants87Covered participants reported
Assets / participant$59.1KComputed: assets ÷ participants$59,129 (computed)
Provider compensationNone reported
Plan sponsor
David A Gallo & Associates Llp
EIN
11-2795187
Plan number
001
Plan type
2
Location
Manhasset, NY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202387I20240920145530NAL0010611120001
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$5.1M total assets
Net assets$5.1MLiabilities$0
Money in vs. money out
Total income / additions$986.8K
Total expenses$160.8K
Benefits paid / distributions$134.1K
Contributions
Employer$41.2K
Participant$136.3K
Full reported line items

Net assets

Total assets (EOY)
$5,144,252
Total liabilities (EOY)
$0
Net assets (EOY)
$5,144,252
Net assets (BOY)
$4,318,269

Income & contributions

Employer contributions
$41,171
Participant contributions
$136,312
Total income / additions
$986,775

Expenses & distributions

Benefits paid
$134,069
Administrative expenses
$26,723
Total expenses
$160,792
Net increase / (decrease)
$825,983
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 23%Participant 77%
Total expenses ÷ net assets3%Computed ratio
Benefits paid ÷ total income14%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages