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, Gibson Overseas, Inc 401(K) Plan is a benefit plan reported by Gibson Overseas, Inc. under EIN 95-3393699 and plan number 002. The latest loaded filing year is 2023. The filing reports 421 participants and $12,775,121 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,775,121
- Total liabilities (EOY)
- $33,289
- Net assets (EOY)
- $12,741,832
- Net assets (BOY)
- $11,677,362
Income & contributions
- Participant contributions
- $687,137
- Total contributions
- $687,137
- Total income / additions
- $2,513,661
Expenses & distributions
- Benefits paid
- $1,378,479
- Administrative expenses
- $34,864
- Total expenses
- $1,449,191
- Net increase / (decrease)
- $1,064,470