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, G&B Oil Company, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by G & B Oil Company, Inc. under EIN 56-0792075 and plan number 003. The latest loaded filing year is 2023. The filing reports 173 participants and $16,076,100 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,076,100
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,076,100
- Net assets (BOY)
- $14,012,611
Income & contributions
- Employer contributions
- $345,090
- Participant contributions
- $748,024
- Total contributions
- $1,093,857
- Total income / additions
- $3,099,072
Expenses & distributions
- Benefits paid
- $1,001,867
- Administrative expenses
- $33,716
- Total expenses
- $1,035,583
- Net increase / (decrease)
- $2,063,489