Galasso'S Bakery 401(K) Profit Sharing Plan — Form 5500 plan (Galasso'S Bakery)
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, Galasso'S Bakery 401(K) Profit Sharing Plan is a benefit plan reported by Galasso'S Bakery under EIN 95-2780618 and plan number 001. The latest loaded filing year is 2023. The filing reports 302 participants and $10,460,077 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Galasso'S Bakery
- EIN
- 95-2780618
- Plan number
- 001
- Plan type
- 2
- Location
- Mira Loma, CA
- Latest filing year
- 2023
- Participants
- 302
- End-of-year plan assets
- $10,460,077
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 302 | H, C | 20241009144551NAL0009316211001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,460,077
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,460,077
- Net assets (BOY)
- $9,539,274
Income & contributions
- Employer contributions
- $176,135
- Participant contributions
- $558,108
- Total contributions
- $734,243
- Total income / additions
- $2,314,543
Expenses & distributions
- Benefits paid
- $1,335,413
- Administrative expenses
- $50,467
- Total expenses
- $1,393,740
- Net increase / (decrease)
- $920,803
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $50,467 | $0 | 2023 |
| Sageview Advisory Group | INVESTMENT ADVISORY | $0 | $11,250 | 2023 |