Giant Bicycle Inc 401k Plan — Form 5500 plan (Giant Bicycle 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, Giant Bicycle Inc 401k Plan is a benefit plan reported by Giant Bicycle Inc under EIN 62-1327237 and plan number 001. The latest loaded filing year is 2023. The filing reports 152 participants and $13,619,964 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$13.6MPlan net assets, end of year$13,619,964
Participants152Covered participants reported
Assets / participant$89.6KComputed: assets ÷ participants$89,605 (computed)
Provider compensation$58.4K4 Schedule C provider row(s)$58,445
Plan sponsor
Giant Bicycle Inc
EIN
62-1327237
Plan number
001
Plan type
2
Location
Newbury Park, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023152H, C20240830154024NAL0008457539001
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)$13.6M total assets
Net assets$13.6MLiabilities$0
Money in vs. money out
Total income / additions$3.2M
Total expenses$1.9M
Benefits paid / distributions$1.8M
Contributions
Employer$297.9K
Participant$1.1M
Full reported line items

Net assets

Total assets (EOY)
$13,619,964
Total liabilities (EOY)
$0
Net assets (EOY)
$13,619,964
Net assets (BOY)
$12,283,117

Income & contributions

Employer contributions
$297,866
Participant contributions
$1,056,535
Total contributions
$1,383,409
Total income / additions
$3,249,895

Expenses & distributions

Benefits paid
$1,832,471
Administrative expenses
$58,061
Total expenses
$1,913,048
Net increase / (decrease)
$1,336,847
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 22%Participant 78%
Total expenses ÷ net assets14%Computed ratio
Benefits paid ÷ total income56%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Lpl FinancialINVESTMENT ADVISOR$44,532not reported in the loaded dataset2023
Empower Annuity Insurance CompanyRECORDKEEPER$7,199$02023
Empower Advisory Group, LLCINVESTMENT MANAGEMENT$5,734not reported in the loaded dataset2023
Truog-Ryding Company, Inc.TPA$980not reported in the loaded dataset2023

Related Form 5500 pages