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, Garaga Usa, Inc. 401(K) Plan is a benefit plan reported by Garaga Usa, Inc. under EIN 73-1374233 and plan number 001. The latest loaded filing year is 2023. The filing reports 278 participants and $1,617,717 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,617,717
- Total liabilities (EOY)
- $4,846
- Net assets (EOY)
- $1,612,871
- Net assets (BOY)
- $519,890
Income & contributions
- Employer contributions
- $234,970
- Participant contributions
- $501,903
- Total contributions
- $942,759
- Total income / additions
- $1,125,679
Expenses & distributions
- Benefits paid
- $20,283
- Administrative expenses
- $4,820
- Total expenses
- $32,698
- Net increase / (decrease)
- $1,092,981