Mg Properties Retirement Plan — Form 5500 plan (Gleiberman Properties 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, Mg Properties Retirement Plan is a benefit plan reported by Gleiberman Properties Inc. under EIN 33-0711832 and plan number 001. The latest loaded filing year is 2023. The filing reports 672 participants and $17,138,750 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Gleiberman Properties Inc.
- EIN
- 33-0711832
- Plan number
- 001
- Plan type
- 2
- Location
- San Diego, CA
- Latest filing year
- 2023
- Participants
- 672
- End-of-year plan assets
- $17,138,750
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 672 | H, C | 20241007064420NAL0030247842001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $17,138,750
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,138,750
- Net assets (BOY)
- $12,509,622
Income & contributions
- Employer contributions
- $613,646
- Participant contributions
- $2,159,350
- Total contributions
- $3,650,744
- Total income / additions
- $6,024,984
Expenses & distributions
- Benefits paid
- $1,221,921
- Administrative expenses
- $120,739
- Total expenses
- $1,395,856
- Net increase / (decrease)
- $4,629,128
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $87,538 | $0 | 2023 |
| Axa Advisors, LLC | INVESTMENT ADVISORS | $33,201 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |