Geosouthern Energy Corporation 401(K) Plan — Form 5500 plan (Geosouthern Energy Corporation)

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, Geosouthern Energy Corporation 401(K) Plan is a benefit plan reported by Geosouthern Energy Corporation under EIN 74-2183300 and plan number 001. The latest loaded filing year is 2023. The filing reports 195 participants and $27,549,749 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$27.5MPlan net assets, end of year$27,549,749
Participants195Covered participants reported
Assets / participant$141.3KComputed: assets ÷ participants$141,281 (computed)
Provider compensation$40.5K3 Schedule C provider row(s)$40,512
Plan sponsor
Geosouthern Energy Corporation
EIN
74-2183300
Plan number
001
Plan type
3
Location
The Woodlands, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023195H, C20250113085056NAL0037008466001
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)$27.5M total assets
Net assets$27.5MLiabilities$0
Money in vs. money out
Total income / additions$7.5M
Total expenses$1.3M
Benefits paid / distributions$1.2M
Contributions
Employer$1.9M
Participant$1.9M
Full reported line items

Net assets

Total assets (EOY)
$27,549,749
Total liabilities (EOY)
$0
Net assets (EOY)
$27,549,749
Net assets (BOY)
$21,354,821

Income & contributions

Employer contributions
$1,897,787
Participant contributions
$1,912,403
Total contributions
$4,041,165
Total income / additions
$7,476,257

Expenses & distributions

Benefits paid
$1,240,817
Administrative expenses
$40,512
Total expenses
$1,281,329
Net increase / (decrease)
$6,194,928
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 50%Participant 50%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income17%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Advisory Group, LLCINVESTMENT MGMT$20,516not reported in the loaded dataset2023
Morgan StanleyINVESTMENT ADVISOR$17,717not reported in the loaded dataset2023
Empower Annuity Insurance CompanyRECORDKEEPER$2,279$02023

Related Form 5500 pages