401(k)
2022 plan-year 401(k) DOL Form 5500

Glotfelty Enterprises, Inc. 401(k) Plan

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

Sponsored by Glotfelty Enterprises, Inc. · Maryland · Retail Trade

What the 2023 filing shows

Glotfelty Enterprises, Inc. 401(k) Plan holds $4M for 79 participants — about $44,382 per participant, down 14.9% over the 2022 plan year.

$4M
total plan assets (2022 EOY)
79
covered participants
$44,382
avg assets per participant
-14.9%
assets change YoY

The plan reported a net loss of $614K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$4M
Participants
79
State
Industry
Retail Trade

What the Filing Says About Glotfelty Enterprises, Inc. 401(k) Plan

Glotfelty Enterprises, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Glotfelty Enterprises, Inc., headquartered in Maryland. As of the 2022 Form 5500 filing, the plan reports $4M in total end-of-year assets and covers 79 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 520814049, and the plan has been effective since 2008-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $4M at the beginning of 2022 to $4M at year-end — a decline of 14.9%. Net assets (after liabilities) closed the year at $4M, with reported net income of $-614,414 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.

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)$4M
Total Assets (End of Year)$4M
Net Assets (End of Year)$4M
Net Income$-614,414
Plan Type401(k)
Employer EIN520814049
Plan Effective Date2008-04-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the Glotfelty Enterprises, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Glotfelty Enterprises, Inc. 401(k) Plan holds $4M in total assets with 79 participants. It is sponsored by Glotfelty Enterprises, Inc..
What type of plan is Glotfelty Enterprises, Inc. 401(k) Plan?
Glotfelty Enterprises, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 2008-04-01. The plan is filed with the U.S. Department of Labor under EIN 520814049.
Who sponsors the Glotfelty Enterprises, Inc. 401(k) Plan?
Glotfelty Enterprises, Inc. 401(k) Plan is sponsored by Glotfelty Enterprises, Inc., located in Maryland. The sponsor's EIN is 520814049 and the plan operates in the Retail Trade industry.
How did Glotfelty Enterprises, Inc. 401(k) Plan perform in 2022?
Glotfelty Enterprises, Inc. 401(k) Plan declined by 14.9% during 2022, moving from $4M to $4M in total assets. Net income was $-614,414.
Where can I find official filings for Glotfelty Enterprises, Inc. 401(k) Plan?
Official Form 5500 filings for Glotfelty Enterprises, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 520814049 or plan name at efast.dol.gov.
How does Glotfelty Enterprises, Inc. 401(k) Plan compare to other plans?
You can compare Glotfelty Enterprises, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Maryland 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 520814049.

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 U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.