Other
2022 plan-year Other DOL Form 5500

GBS CORP & SUBSIDIARIES EMPLOYEE STOCK OWNERSHIP PLAN & TRUST

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

GBS CORP

This Other plan holds $109M in total assets and serves 187 participants as of 2022. It is sponsored by GBS CORP in Ohio. The plan reported a net loss of $2M for the year.

Total Assets (2023)
$109M
Participants
187
State
Industry
Wholesale Trade

What the Filing Says About GBS CORP & SUBSIDIARIES EMPLOYEE STOCK OWNERSHIP PLAN & TRUST

GBS CORP & SUBSIDIARIES EMPLOYEE STOCK OWNERSHIP PLAN & TRUST is a Other retirement plan sponsored by GBS CORP, headquartered in Ohio. As of the 2022 Form 5500 filing, the plan reports $109M in total end-of-year assets and covers 187 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 341084079, and the plan has been effective since 1987-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $122M at the beginning of 2022 to $109M at year-end — a decline of 10.7%. Net assets (after liabilities) closed the year at $102M, with reported net income of $-2,314,216 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$122M
Total Assets (End of Year)$109M
Net Assets (End of Year)$102M
Net Income$-2,314,216
Plan TypeOther
Employer EIN341084079
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (GBS CORP)

Year Plans Participants Total Assets
2022 1 187 $109M
2023 1 193 $111M
2024 1 186 $125M

Nearby Other Plans in Ohio

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the GBS CORP & SUBSIDIARIES EMPLOYEE STOCK OWNERSHIP PLAN & TRUST?
As of the 2022 Form 5500 filing, GBS CORP & SUBSIDIARIES EMPLOYEE STOCK OWNERSHIP PLAN & TRUST holds $109M in total assets with 187 participants. It is sponsored by GBS CORP.
What type of plan is GBS CORP & SUBSIDIARIES EMPLOYEE STOCK OWNERSHIP PLAN & TRUST?
GBS CORP & SUBSIDIARIES EMPLOYEE STOCK OWNERSHIP PLAN & TRUST is a Other plan. It has been effective since 1987-01-01. The plan is filed with the U.S. Department of Labor under EIN 341084079.
Who sponsors the GBS CORP & SUBSIDIARIES EMPLOYEE STOCK OWNERSHIP PLAN & TRUST?
GBS CORP & SUBSIDIARIES EMPLOYEE STOCK OWNERSHIP PLAN & TRUST is sponsored by GBS CORP, located in Ohio. The sponsor's EIN is 341084079 and the plan operates in the Wholesale Trade industry.
How did GBS CORP & SUBSIDIARIES EMPLOYEE STOCK OWNERSHIP PLAN & TRUST perform in 2022?
GBS CORP & SUBSIDIARIES EMPLOYEE STOCK OWNERSHIP PLAN & TRUST declined by 10.7% during 2022, moving from $122M to $109M in total assets. Net income was $-2,314,216.
Where can I find official filings for GBS CORP & SUBSIDIARIES EMPLOYEE STOCK OWNERSHIP PLAN & TRUST?
Official Form 5500 filings for GBS CORP & SUBSIDIARIES EMPLOYEE STOCK OWNERSHIP PLAN & TRUST are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 341084079 or plan name at efast.dol.gov.
How does GBS CORP & SUBSIDIARIES EMPLOYEE STOCK OWNERSHIP PLAN & TRUST compare to other plans?
You can compare GBS CORP & SUBSIDIARIES EMPLOYEE STOCK OWNERSHIP PLAN & TRUST against other Other plans on the plan type page, or view plans in Ohio on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 341084079.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.