Gregory M. Parker, Inc. 401k Plan — Form 5500 plan (Gregory M. Parker, 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, Gregory M. Parker, Inc. 401k Plan is a benefit plan reported by Gregory M. Parker, Inc. under EIN 58-1808864 and plan number 001. The latest loaded filing year is 2023. The filing reports 767 participants and $4,185,871 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$4.2MPlan net assets, end of year$4,168,988
Participants767Covered participants reported
Assets / participant$5.5KComputed: assets ÷ participants$5,457 (computed)
Provider compensation$43.5K2 Schedule C provider row(s)$43,536
Plan sponsor
Gregory M. Parker, Inc.
EIN
58-1808864
Plan number
001
Plan type
2
Location
Savannah, GA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023767H, C20241011120654NAL0036863824001
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)$4.2M total assets
Net assets$4.2MLiabilities$16.9K
Money in vs. money out
Total income / additions$1.6M
Total expenses$924.3K
Benefits paid / distributions$881.1K
Contributions
Employer$370.3K
Participant$544.4K
Full reported line items

Net assets

Total assets (EOY)
$4,185,871
Total liabilities (EOY)
$16,883
Net assets (EOY)
$4,168,988
Net assets (BOY)
$3,527,630

Income & contributions

Employer contributions
$370,258
Participant contributions
$544,448
Total contributions
$1,031,177
Total income / additions
$1,565,704

Expenses & distributions

Benefits paid
$881,071
Administrative expenses
$43,275
Total expenses
$924,346
Net increase / (decrease)
$641,358
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 40%Participant 60%
Total expenses ÷ net assets22%Computed ratio
Benefits paid ÷ total income56%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
The Retirement Plan CompanyRECORDKEEPER$23,902$2612023
The Fiduciary GroupINVESTMENT ADVISOR$19,373not reported in the loaded dataset2023

Related Form 5500 pages