Grand Central, Inc. 401(K) Retirement Plan — Form 5500 plan (Grand Central 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, Grand Central, Inc. 401(K) Retirement Plan is a benefit plan reported by Grand Central Inc under EIN 27-0021477 and plan number 001. The latest loaded filing year is 2023. The filing reports 135 participants and $4,497,655 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Grand Central Inc
EIN
27-0021477
Plan number
001
Plan type
2
Location
Detroit Lakes, MN
Latest filing year
2023
Participants
135
End-of-year plan assets
$4,497,655

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023135H, C20241010114515NAL0035597824001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$4,497,655
Total liabilities (EOY)
$4,655
Net assets (EOY)
$4,493,000
Net assets (BOY)
$3,889,230

Income & contributions

Employer contributions
$53,291
Participant contributions
$228,539
Total contributions
$333,334
Total income / additions
$959,805

Expenses & distributions

Benefits paid
$354,217
Administrative expenses
$1,818
Total expenses
$356,035
Net increase / (decrease)
$603,770

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$1,818$02023

Related Form 5500 pages