Gulf Regional Early Childhood Services Progress Sharing & 401(K) Plan — Form 5500 plan (Gulf Regional Early Childhood Services)

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, Gulf Regional Early Childhood Services Progress Sharing & 401(K) Plan is a benefit plan reported by Gulf Regional Early Childhood Services under EIN 63-1056487 and plan number 001. The latest loaded filing year is 2023. The filing reports 154 participants and $4,094,523 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$4.1MPlan net assets, end of year$4,094,523
Participants154Covered participants reported
Assets / participant$26.6KComputed: assets ÷ participants$26,588 (computed)
Provider compensation$43.1K3 Schedule C provider row(s)$43,131
Plan sponsor
Gulf Regional Early Childhood Services
EIN
63-1056487
Plan number
001
Plan type
2
Location
Mobile, AL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023154H, C20250714132144NAL0001086529001
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)$4.1M total assets
Net assets$4.1MLiabilities$0
Money in vs. money out
Total income / additions$1.2M
Total expenses$216.9K
Benefits paid / distributions$194.1K
Contributions
Employer$282.4K
Participant$163.1K
Full reported line items

Net assets

Total assets (EOY)
$4,094,523
Total liabilities (EOY)
$0
Net assets (EOY)
$4,094,523
Net assets (BOY)
$3,127,635

Income & contributions

Employer contributions
$282,399
Participant contributions
$163,093
Total contributions
$445,492
Total income / additions
$1,183,771

Expenses & distributions

Benefits paid
$194,105
Administrative expenses
$22,778
Total expenses
$216,883
Net increase / (decrease)
$966,888
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 63%Participant 37%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income16%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Wells Fargo Advisors Financial NetBROKER / ADVISOR$0$17,2892023
Empower Annuity Ins Co Of AmericaRECORDKEEPER$16,614$02023
Economic Group Pension Services IncCONTRACT ADMIN$5,690$3,5382023

Related Form 5500 pages