401(k)
2023 plan-year 401(k) DOL Form 5500

Goodbuy Gear, Inc. 401(k) Plan

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

Sponsored by Goodbuy Gear, Inc. · Colorado · Retail Trade

What the 2023 filing shows

Goodbuy Gear, Inc. 401(k) Plan holds $463K for 77 participants — about $6,015 per participant.

$463K
total plan assets (2023 EOY)
77
covered participants
$6,015
avg assets per participant
$111K
reported net income
Total Assets (2023)
$463K
Participants
77
State
Industry
Retail Trade

What the Filing Says About Goodbuy Gear, Inc. 401(k) Plan

Goodbuy Gear, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Goodbuy Gear, Inc., headquartered in Colorado. As of the 2023 Form 5500 filing, the plan reports $463K in total end-of-year assets and covers 77 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 820707594, and the plan has been effective since 2023-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from N/A at the beginning of 2023 to $463K at year-end. Net assets (after liabilities) closed the year at $463K, with reported net income of $111K 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 1 prior plan-year filing 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)N/A
Total Assets (End of Year)$463K
Net Assets (End of Year)$463K
Net Income$111K
Plan Type401(k)
Employer EIN820707594
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Goodbuy Gear, Inc.)

Year Plans Participants Total Assets
2023 1 77 $463K
2024 1 54 $582K

Nearby 401(k) Plans in Colorado

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Frequently Asked Questions

How much money is in the Goodbuy Gear, Inc. 401(k) Plan?
As of the 2023 Form 5500 filing, Goodbuy Gear, Inc. 401(k) Plan holds $463K in total assets with 77 participants. It is sponsored by Goodbuy Gear, Inc..
What type of plan is Goodbuy Gear, Inc. 401(k) Plan?
Goodbuy Gear, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 2023-01-01. The plan is filed with the U.S. Department of Labor under EIN 820707594.
Who sponsors the Goodbuy Gear, Inc. 401(k) Plan?
Goodbuy Gear, Inc. 401(k) Plan is sponsored by Goodbuy Gear, Inc., located in Colorado. The sponsor's EIN is 820707594 and the plan operates in the Retail Trade industry.
How did Goodbuy Gear, Inc. 401(k) Plan perform in 2023?
Goodbuy Gear, Inc. 401(k) Plan held $463K in total assets at the end of 2023. Net income was $111K.
Where can I find official filings for Goodbuy Gear, Inc. 401(k) Plan?
Official Form 5500 filings for Goodbuy Gear, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 820707594 or plan name at efast.dol.gov.
How does Goodbuy Gear, Inc. 401(k) Plan compare to other plans?
You can compare Goodbuy Gear, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Colorado 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 820707594.

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.