Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Global Retirement Solutions 401(k) Plan

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

Sponsored by Chipton-Ross, Inc. ยท California ยท Administrative & Support Services

What the 2023 filing shows

Global Retirement Solutions 401(k) Plan holds $35M for 1,169 participants - about $30,273 per participant, down 14.6% over the 2022 plan year.

$35M
total plan assets (2022 EOY)
1,169
covered participants
$30,273
avg assets per participant
-14.6%
assets change YoY

The plan reported a net loss of $6M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$35M
Participants
1,169
State
Industry
Administrative & Support Services

What the Filing Says About Global Retirement Solutions 401(k) Plan

Global Retirement Solutions 401(k) Plan is a Profit Sharing retirement plan sponsored by Chipton-Ross, Inc., headquartered in California. As of the 2022 Form 5500 filing, the plan reports $35M in total end-of-year assets and covers 1,169 participants across the Administrative & Support Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 953889434, and the plan has been effective since 1993-01-15. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $41M at the beginning of 2022 to $35M at year-end โ€” a decline of 14.6%. Net assets (after liabilities) closed the year at $35M, with reported net income of $-6,060,379 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 โ€” 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)$41M
Total Assets (End of Year)$35M
Net Assets (End of Year)$35M
Net Income$-6,060,379
Plan TypeProfit Sharing
Employer EIN953889434
Plan Effective Date1993-01-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Chipton-Ross, Inc.)

Year Plans Participants Total Assets
2022 1 1,169 $35M
2023 1 1,167 $43M
2024 1 2,158 $44M

Nearby Profit Sharing Plans in California

Peer Profit Sharing plans โ€” same state, same plan type โ€” ranked by total assets.

Frequently Asked Questions

How much money is in the Global Retirement Solutions 401(k) Plan?
As of the 2022 Form 5500 filing, Global Retirement Solutions 401(k) Plan holds $35M in total assets with 1,169 participants. It is sponsored by Chipton-Ross, Inc..
What type of plan is Global Retirement Solutions 401(k) Plan?
Global Retirement Solutions 401(k) Plan is a Profit Sharing plan. It has been effective since 1993-01-15. The plan is filed with the U.S. Department of Labor under EIN 953889434.
Who sponsors the Global Retirement Solutions 401(k) Plan?
Global Retirement Solutions 401(k) Plan is sponsored by Chipton-Ross, Inc., located in California. The sponsor's EIN is 953889434 and the plan operates in the Administrative & Support Services industry.
How did Global Retirement Solutions 401(k) Plan perform in 2022?
Global Retirement Solutions 401(k) Plan declined by 14.6% during 2022, moving from $41M to $35M in total assets. Net income was $-6,060,379.
Where can I find official filings for Global Retirement Solutions 401(k) Plan?
Official Form 5500 filings for Global Retirement Solutions 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 953889434 or plan name at efast.dol.gov.
How does Global Retirement Solutions 401(k) Plan compare to other plans?
You can compare Global Retirement Solutions 401(k) Plan against other Profit Sharing plans on the plan type page, or view plans in California 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) โ€” original filing retrieval by EIN 953889434.

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

Reference: IRS Publication 590-B โ€” 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.