Morris & Garritano Insurance Agency, Inc. 401k Profit Sharing Plan — Form 5500 plan (Morris & Garritano Insurance Agency, 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, Morris & Garritano Insurance Agency, Inc. 401k Profit Sharing Plan is a benefit plan reported by Morris & Garritano Insurance Agency, Inc. under EIN 95-2304670 and plan number 002. The latest loaded filing year is 2023. The filing reports 151 participants and $14,703,728 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Morris & Garritano Insurance Agency, Inc.
- EIN
- 95-2304670
- Plan number
- 002
- Plan type
- 2
- Location
- San Luis Obispo, CA
- Latest filing year
- 2023
- Participants
- 151
- End-of-year plan assets
- $14,703,728
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 151 | H, C | 20240826084532NAL0017231600001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,703,728
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,703,728
- Net assets (BOY)
- $11,910,784
Income & contributions
- Employer contributions
- $263,072
- Participant contributions
- $784,584
- Total contributions
- $1,144,299
- Total income / additions
- $3,384,084
Expenses & distributions
- Benefits paid
- $515,953
- Administrative expenses
- $30,886
- Total expenses
- $591,140
- Net increase / (decrease)
- $2,792,944
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Retirement Solutions, | RECORDKEEPER | $17,497 | $0 | 2023 |
| Caliber Audit & Attest | AUDITOR | $11,500 | not reported in the loaded dataset | 2023 |
| Hicks Pension Services - San Luis O | RECORDKEEPER | $1,889 | not reported in the loaded dataset | 2023 |
| Charles Schwab & Co., Inc | SECURITIES BROKERAGE | $70 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Morris & Garritano Insurance Agency, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in San Luis Obispo, CA
- Transamerica Retirement Solutions, — Schedule C compensation
- Caliber Audit & Attest — Schedule C compensation
- Hicks Pension Services - San Luis O — Schedule C compensation
- Charles Schwab & Co., Inc — Schedule C compensation