Gentech Associates, Inc. Employee Benefit Plan — Form 5500 plan (Gentech Associates, 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, Gentech Associates, Inc. Employee Benefit Plan is a benefit plan reported by Gentech Associates, Inc. under EIN 20-2752901 and plan number 501. The latest loaded filing year is 2023. The filing reports 110 participants and $1,221 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)-$94.5KPlan net assets, end of year-$94,530
Participants110Covered participants reported
Assets / participant$11Computed: assets ÷ participants$11 (computed)
Provider compensation$126.6K4 Schedule C provider row(s)$126,592
Plan sponsor
Gentech Associates, Inc.
EIN
20-2752901
Plan number
501
Plan type
2
Location
Zionsville, IN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023110I, C20241015094249NAL0027973505001
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)$1.2K total assets
Net assets-$94.5KLiabilities$95.8K
Money in vs. money out
Total income / additions$824.9K
Total expenses$919.4K
Benefits paid / distributions$514.4K
Contributions
Employer$494.3K
Participant$330.2K
Full reported line items

Net assets

Total assets (EOY)
$1,221
Total liabilities (EOY)
$95,751
Net assets (EOY)
-$94,530
Net assets (BOY)
$0

Income & contributions

Employer contributions
$494,268
Participant contributions
$330,222
Total income / additions
$824,859

Expenses & distributions

Benefits paid
$514,414
Administrative expenses
$41,234
Total expenses
$919,389
Net increase / (decrease)
-$94,530
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 60%Participant 40%
Benefits paid ÷ total income62%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
The Capital Group (Armfield, HarrisBROKER$57,050not reported in the loaded dataset2023
Meritain Health, An Aetna CompanyCARRIER$41,234not reported in the loaded dataset2023
The Benecon GroupBROKER$22,078not reported in the loaded dataset2023
Connectcare3PATIENT ADVOCATE$6,230not reported in the loaded dataset2023

Related Form 5500 pages