Govplace Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Govplace Inc.)

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, Govplace Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Govplace Inc. under EIN 93-1195773 and plan number 001. The latest loaded filing year is 2023. The filing reports 88 participants and $7,048,240 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$7MPlan net assets, end of year$7,048,240
Participants88Covered participants reported
Assets / participant$80.1KComputed: assets ÷ participants$80,094 (computed)
Provider compensationNone reported
Plan sponsor
Govplace Inc.
EIN
93-1195773
Plan number
001
Plan type
2
Location
Bethesda, MD
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    88 participants · 2Sch I
    View filing →
Schedule I · 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)$7M total assets
Net assets$7MLiabilities$0
Money in vs. money out
Total income / additions$2M
Total expenses$835.1K
Benefits paid / distributions$801.3K
Contributions
Employer$116.7K
Participant$449.1K
Full reported line items

Net assets

Total assets (EOY)
$7,048,240
Total liabilities (EOY)
$0
Net assets (EOY)
$7,048,240
Net assets (BOY)
$5,839,355

Income & contributions

Employer contributions
$116,665
Participant contributions
$449,073
Total income / additions
$2,044,033

Expenses & distributions

Benefits paid
$801,260
Administrative expenses
$34,812
Total expenses
$835,148
Net increase / (decrease)
$1,208,885
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 21%Participant 79%
Total expenses ÷ net assets12%Computed ratio
Benefits paid ÷ total income39%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

No Schedule C service provider compensation is loaded for this plan yet.

What to inspect next

Frequently asked questions

Who sponsors the Govplace Inc. 401(K) Profit Sharing Plan?
Govplace Inc. 401(K) Profit Sharing Plan is reported as sponsored by Govplace Inc. (EIN 93-1195773, plan number 001) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Govplace Inc. 401(K) Profit Sharing Plan?
The latest Form 5500 filing year loaded for Govplace Inc. 401(K) Profit Sharing Plan is 2023.
How many participants does Govplace Inc. 401(K) Profit Sharing Plan report?
Govplace Inc. 401(K) Profit Sharing Plan reports 88 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Govplace Inc. 401(K) Profit Sharing Plan?
Govplace Inc. 401(K) Profit Sharing Plan reports $7,048,240 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages