Gagosian Gallery, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Gagosian Gallery, 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, Gagosian Gallery, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Gagosian Gallery, Inc. under EIN 13-3391563 and plan number 001. The latest loaded filing year is 2023. The filing reports 299 participants and $17,640,028 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$17.6MPlan net assets, end of year$17,625,005
Participants299Covered participants reported
Assets / participant$59KComputed: assets ÷ participants$58,997 (computed)
Provider compensation$107.6K5 Schedule C provider row(s)$107,635
Plan sponsor
Gagosian Gallery, Inc.
EIN
13-3391563
Plan number
001
Plan type
2
Location
New York, NY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023299H, C20241015162134NAL0029088273001
Schedule H · 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)$17.6M total assets
Net assets$17.6MLiabilities$15K
Money in vs. money out
Total income / additions$5.2M
Total expenses$2M
Benefits paid / distributions$1.9M
Contributions
Employer$729.4K
Participant$1.7M
Full reported line items

Net assets

Total assets (EOY)
$17,640,028
Total liabilities (EOY)
$15,023
Net assets (EOY)
$17,625,005
Net assets (BOY)
$14,403,002

Income & contributions

Employer contributions
$729,384
Participant contributions
$1,658,471
Total contributions
$2,424,672
Total income / additions
$5,204,064

Expenses & distributions

Benefits paid
$1,871,783
Administrative expenses
$110,278
Total expenses
$1,982,061
Net increase / (decrease)
$3,222,003
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 31%Participant 69%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income36%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Transamerica Financial Life Ins CoRECORD-KEEPER$49,151$02023
Rmr Wealth BuildersINVESTMENT ADVISORY - PL$39,883not reported in the loaded dataset2023
Alera Investment AdvisorsINVESTMENT ADVISORY-PLAN$13,633not reported in the loaded dataset2023
Envestnet Retirement Solutions LLCINVESTMENT ADVISORY-PLAN$4,408not reported in the loaded dataset2023
Associated Pension Consultants, IncRECORD-KEEPER$560$02023

Related Form 5500 pages