Gsg Consultants, Inc. 401(K) Plan — Form 5500 plan (Gsg Consultants, 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, Gsg Consultants, Inc. 401(K) Plan is a benefit plan reported by Gsg Consultants, Inc. under EIN 36-3844476 and plan number 001. The latest loaded filing year is 2023. The filing reports 323 participants and $14,183,920 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$14.2MPlan net assets, end of year$14,161,267
Participants323Covered participants reported
Assets / participant$43.9KComputed: assets ÷ participants$43,913 (computed)
Provider compensation$85K1 Schedule C provider row(s)$84,985
Plan sponsor
Gsg Consultants, Inc.
EIN
36-3844476
Plan number
001
Plan type
2
Location
Schaumburg, IL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023323H, C20241014160930NAL0053077858001
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)$14.2M total assets
Net assets$14.2MLiabilities$22.7K
Money in vs. money out
Total income / additions$3.8M
Total expenses$458.3K
Benefits paid / distributions$346.4K
Contributions
Employer$447.3K
Participant$1.4M
Full reported line items

Net assets

Total assets (EOY)
$14,183,920
Total liabilities (EOY)
$22,653
Net assets (EOY)
$14,161,267
Net assets (BOY)
$10,866,056

Income & contributions

Employer contributions
$447,288
Participant contributions
$1,438,855
Total contributions
$1,886,143
Total income / additions
$3,753,464

Expenses & distributions

Benefits paid
$346,417
Administrative expenses
$89,183
Total expenses
$458,253
Net increase / (decrease)
$3,295,211

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Financial RenaissanceADVISOR$84,985$02023

Related Form 5500 pages