Plan5500

Gerry Lane Enterprises 401(K) Plan — Form 5500 plan (Gerry Lane Enterprises, Inc. Dba. Gerry Lane Chevrolet)

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, Gerry Lane Enterprises 401(K) Plan is a benefit plan reported by Gerry Lane Enterprises, Inc. Dba. Gerry Lane Chevrolet under EIN 64-0388844 and plan number 001. The latest loaded filing year is 2023. The filing reports 266 participants and $13,327,959 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Gerry Lane Enterprises, Inc. Dba. Gerry Lane Chevrolet
EIN
64-0388844
Plan number
001
Plan type
2
Location
Baton Rouge, LA
Latest filing year
2023
Participants
266
End-of-year plan assets
$13,327,959

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023266H, C20250902112127NAL0014195633001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$13,327,959
Total liabilities (EOY)
$0
Net assets (EOY)
$13,327,959
Net assets (BOY)
$10,952,970

Income & contributions

Employer contributions
$562,791
Participant contributions
$1,054,535
Total contributions
$1,617,326
Total income / additions
$3,378,857

Expenses & distributions

Benefits paid
$935,279
Administrative expenses
$68,589
Total expenses
$1,003,868
Net increase / (decrease)
$2,374,989

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$63,590$02023
Avantax Insurance Agency LLCOTHER SERVICES$0$21,8252023
Retirement Strategies Group, LLCCONTRACT ADMINISTRATOR$5,028$5,6422023

Related Form 5500 pages