Gap International, Inc. Profit Sharing Plan And Trust — Form 5500 plan (Gap International, 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, Gap International, Inc. Profit Sharing Plan And Trust is a benefit plan reported by Gap International, Inc. under EIN 23-2176153 and plan number 001. The latest loaded filing year is 2023. The filing reports 144 participants and $49,782,361 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$49.8MPlan net assets, end of year$49,782,361
Participants144Covered participants reported
Assets / participant$345.7KComputed: assets ÷ participants$345,711 (computed)
Provider compensationNone reported1 Schedule C provider row(s)
Plan sponsor
Gap International, Inc.
EIN
23-2176153
Plan number
001
Plan type
2
Location
Springfield, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023144H, C20240904144040NAL0011195491001
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)$49.8M total assets
Net assets$49.8MLiabilities$0
Money in vs. money out
Total income / additions$10.2M
Total expenses$1.9M
Benefits paid / distributions$1.8M
Contributions
Employer$1.7M
Participant$1.4M
Full reported line items

Net assets

Total assets (EOY)
$49,782,361
Total liabilities (EOY)
$0
Net assets (EOY)
$49,782,361
Net assets (BOY)
$41,456,895

Income & contributions

Employer contributions
$1,706,171
Participant contributions
$1,377,189
Total contributions
$3,231,636
Total income / additions
$10,214,756

Expenses & distributions

Benefits paid
$1,846,042
Administrative expenses
$3,182
Total expenses
$1,889,290
Net increase / (decrease)
$8,325,466
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 55%Participant 45%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income18%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER-$48,464$02023

Related Form 5500 pages