Granco Clark, Inc. 401(K) Profit-Sharing Plan — Form 5500 plan (Granco Clark, 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, Granco Clark, Inc. 401(K) Profit-Sharing Plan is a benefit plan reported by Granco Clark, Inc. under EIN 38-2389546 and plan number 001. The latest loaded filing year is 2023. The filing reports 142 participants and $6,813,874 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Granco Clark, Inc.
EIN
38-2389546
Plan number
001
Plan type
2
Location
Belding, MI
Latest filing year
2023
Participants
142
End-of-year plan assets
$6,813,874

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023142H, C20241008075010NAL0009461715001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$6,813,874
Total liabilities (EOY)
$0
Net assets (EOY)
$6,813,874
Net assets (BOY)
$6,238,157

Income & contributions

Participant contributions
$384,144
Total contributions
$412,709
Total income / additions
$1,243,672

Expenses & distributions

Benefits paid
$630,072
Administrative expenses
$37,883
Total expenses
$667,955
Net increase / (decrease)
$575,717

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$37,883$02023
S B H U Life Agency IncOTHER SERVICES$0$17,5382023
Wilshire Advisors LLCINVESTMENT ADVISORY$0$02023

Related Form 5500 pages