Gridiron Fiber Savings And Security Plan — Form 5500 plan (Gridiron Fiber Corp.)
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, Gridiron Fiber Savings And Security Plan is a benefit plan reported by Gridiron Fiber Corp. under EIN 86-3776842 and plan number 002. The latest loaded filing year is 2023. The filing reports 438 participants and $50,138,021 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Gridiron Fiber Corp.
- EIN
- 86-3776842
- Plan number
- 002
- Plan type
- 2
- Location
- Waynesboro, VA
- Latest filing year
- 2023
- Participants
- 438
- End-of-year plan assets
- $50,138,021
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 438 | H, C | 20241010125921NAL0011481859001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $50,138,021
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $50,138,021
- Net assets (BOY)
- $43,368,317
Income & contributions
- Employer contributions
- $1,678,044
- Participant contributions
- $2,795,119
- Total contributions
- $6,172,852
- Total income / additions
- $13,483,831
Expenses & distributions
- Benefits paid
- $6,587,465
- Administrative expenses
- $126,662
- Total expenses
- $6,714,127
- Net increase / (decrease)
- $6,769,704
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock Retirement Plan Svcs | RETAINED BY PLAN SPONSOR | $87,222 | $0 | 2023 |
| Capfinancial Partners, LLC | RETAINED BY PLAN SPONSOR | $25,000 | not reported in the loaded dataset | 2023 |
| Forvis, Llp | RETAINED BY PLAN SPONSOR | $14,440 | not reported in the loaded dataset | 2023 |