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, Global Solutions Network, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Global Solutions Network, Inc. under EIN 54-1935835 and plan number 001. The latest loaded filing year is 2023. The filing reports 368 participants and $14,611,339 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,611,339
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,611,339
- Net assets (BOY)
- $13,095,950
Income & contributions
- Employer contributions
- $717,500
- Participant contributions
- $650,446
- Total contributions
- $1,405,816
- Total income / additions
- $3,480,442
Expenses & distributions
- Benefits paid
- $1,944,311
- Administrative expenses
- $20,742
- Total expenses
- $1,965,053
- Net increase / (decrease)
- $1,515,389