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, Gbg, Inc. 401(K) Plan is a benefit plan reported by Global Benefits Group Inc. under EIN 20-3842750 and plan number 001. The latest loaded filing year is 2023. The filing reports 287 participants and $14,334,325 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,334,325
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,334,325
- Net assets (BOY)
- $10,920,977
Income & contributions
- Employer contributions
- $946,613
- Participant contributions
- $1,074,959
- Total contributions
- $2,925,077
- Total income / additions
- $5,088,871
Expenses & distributions
- Benefits paid
- $1,594,743
- Administrative expenses
- $70,618
- Total expenses
- $1,675,523
- Net increase / (decrease)
- $3,413,348