401k Plan data: GULF GROUP HOLDINGS, INC. RETIREMENT PLAN plan

GULF GROUP HOLDINGS, INC. RETIREMENT PLAN 401k Plan overview

Plan Name	GULF GROUP HOLDINGS, INC. RETIREMENT PLAN
Plan identification number	001

GULF GROUP HOLDINGS, INC. RETIREMENT PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
Profit-sharing
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

GULF GROUP HOLDINGS, LLC has sponsored the creation of one or more 401k plans.

Company Name: GULF GROUP HOLDINGS, LLC

Employer identification number (EIN): 205697917

NAIC Classification: 523900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GULF GROUP HOLDINGS, INC. RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01 JONATHAN POLITANO 2024-09-10
001 2022-01-01 JONATHAN POLITANO 2023-06-14
001 2021-01-01 JONATHAN POLITANO 2022-10-12
001 2020-01-01 JONATHAN POLITANO 2021-08-27

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2023-01-01	JONATHAN POLITANO	2024-09-10
001	2022-01-01	JONATHAN POLITANO	2023-06-14
001	2021-01-01	JONATHAN POLITANO	2022-10-12
001	2020-01-01	JONATHAN POLITANO	2021-08-27

Plan Statistics for GULF GROUP HOLDINGS, INC. RETIREMENT PLAN

401k plan membership statisitcs for GULF GROUP HOLDINGS, INC. RETIREMENT PLAN

Measure Date Value
2023: GULF GROUP HOLDINGS, INC. RETIREMENT PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 7
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 7
Number of retired or separated participants receiving benefits 2023-01-01 0
Number of other retired or separated participants entitled to future benefits 2023-01-01 0
Total of all active and inactive participants 2023-01-01 7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 7
Number of participants with account balances 2023-01-01 7
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 0
2022: GULF GROUP HOLDINGS, INC. RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 6
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 7
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 0
Total of all active and inactive participants 2022-01-01 7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 7
Number of participants with account balances 2022-01-01 7
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: GULF GROUP HOLDINGS, INC. RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 7
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 6
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 0
Total of all active and inactive participants 2021-01-01 6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 6
Number of participants with account balances 2021-01-01 6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: GULF GROUP HOLDINGS, INC. RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 7
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 6
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 1
Total of all active and inactive participants 2020-01-01 7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 7
Number of participants with account balances 2020-01-01 7
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0

Measure	Date	Value
2023: GULF GROUP HOLDINGS, INC. RETIREMENT PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	7
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	7
Number of retired or separated participants receiving benefits	2023-01-01	0
Number of other retired or separated participants entitled to future benefits	2023-01-01	0
Total of all active and inactive participants	2023-01-01	7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	7
Number of participants with account balances	2023-01-01	7
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	0
2022: GULF GROUP HOLDINGS, INC. RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	6
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	7
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	0
Total of all active and inactive participants	2022-01-01	7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	7
Number of participants with account balances	2022-01-01	7
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: GULF GROUP HOLDINGS, INC. RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	7
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	6
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	0
Total of all active and inactive participants	2021-01-01	6
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	6
Number of participants with account balances	2021-01-01	6
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: GULF GROUP HOLDINGS, INC. RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	7
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	6
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	1
Total of all active and inactive participants	2020-01-01	7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	7
Number of participants with account balances	2020-01-01	7
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0

Financial Data on GULF GROUP HOLDINGS, INC. RETIREMENT PLAN

Measure	Date	Value
2023 : GULF GROUP HOLDINGS, INC. RETIREMENT PLAN 2023 401k financial data
Total plan liabilities at end of year	2023-12-31	$375
Total plan liabilities at beginning of year	2023-12-31	$0
Total income from all sources	2023-12-31	$514,810
Expenses. Total of all expenses incurred	2023-12-31	$119,572
Benefits paid (including direct rollovers)	2023-12-31	$119,367
Total plan assets at end of year	2023-12-31	$2,735,188
Total plan assets at beginning of year	2023-12-31	$2,339,575
Value of fidelity bond covering the plan	2023-12-31	$1,000,000
Total contributions received or receivable from participants	2023-12-31	$67,800
Other income received	2023-12-31	$431,741
Net income (gross income less expenses)	2023-12-31	$395,238
Net plan assets at end of year (total assets less liabilities)	2023-12-31	$2,734,813
Net plan assets at beginning of year (total assets less liabilities)	2023-12-31	$2,339,575
Total contributions received or receivable from employer(s)	2023-12-31	$15,269
Expenses. Administrative service providers (salaries,fees and commissions)	2023-12-31	$205
2022 : GULF GROUP HOLDINGS, INC. RETIREMENT PLAN 2022 401k financial data
Total plan liabilities at end of year	2022-12-31	$0
Total plan liabilities at beginning of year	2022-12-31	$0
Total income from all sources	2022-12-31	$-233,419
Expenses. Total of all expenses incurred	2022-12-31	$233
Total plan assets at end of year	2022-12-31	$2,339,575
Total plan assets at beginning of year	2022-12-31	$2,573,227
Value of fidelity bond covering the plan	2022-12-31	$1,000,000
Total contributions received or receivable from participants	2022-12-31	$56,825
Other income received	2022-12-31	$-359,547
Net income (gross income less expenses)	2022-12-31	$-233,652
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$2,339,575
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$2,573,227
Total contributions received or receivable from employer(s)	2022-12-31	$69,303
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$233
2021 : GULF GROUP HOLDINGS, INC. RETIREMENT PLAN 2021 401k financial data
Total plan liabilities at end of year	2021-12-31	$0
Total plan liabilities at beginning of year	2021-12-31	$0
Total income from all sources	2021-12-31	$357,259
Expenses. Total of all expenses incurred	2021-12-31	$118,201
Benefits paid (including direct rollovers)	2021-12-31	$114,568
Total plan assets at end of year	2021-12-31	$2,573,227
Total plan assets at beginning of year	2021-12-31	$2,334,169
Value of fidelity bond covering the plan	2021-12-31	$1,000,000
Total contributions received or receivable from participants	2021-12-31	$55,350
Expenses. Other expenses not covered elsewhere	2021-12-31	$217
Other income received	2021-12-31	$219,310
Net income (gross income less expenses)	2021-12-31	$239,058
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$2,573,227
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$2,334,169
Assets. Value of participant loans	2021-12-31	$0
Total contributions received or receivable from employer(s)	2021-12-31	$82,599
Value of certain deemed distributions of participant loans	2021-12-31	$3,416
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
2020 : GULF GROUP HOLDINGS, INC. RETIREMENT PLAN 2020 401k financial data
Total plan liabilities at end of year	2020-12-31	$0
Total plan liabilities at beginning of year	2020-12-31	$0
Total income from all sources	2020-12-31	$571,402
Expenses. Total of all expenses incurred	2020-12-31	$35,337
Benefits paid (including direct rollovers)	2020-12-31	$34,981
Total plan assets at end of year	2020-12-31	$2,334,169
Total plan assets at beginning of year	2020-12-31	$1,798,104
Value of fidelity bond covering the plan	2020-12-31	$1,000,000
Total contributions received or receivable from participants	2020-12-31	$54,700
Other income received	2020-12-31	$451,212
Net income (gross income less expenses)	2020-12-31	$536,065
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$2,334,169
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$1,798,104
Assets. Value of participant loans	2020-12-31	$10,667
Total contributions received or receivable from employer(s)	2020-12-31	$65,490
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$356
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0

Form 5500 Responses for GULF GROUP HOLDINGS, INC. RETIREMENT PLAN

2023: GULF GROUP HOLDINGS, INC. RETIREMENT PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Submission has been amended	No
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: GULF GROUP HOLDINGS, INC. RETIREMENT PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: GULF GROUP HOLDINGS, INC. RETIREMENT PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: GULF GROUP HOLDINGS, INC. RETIREMENT PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	GULF GROUP HOLDINGS, LLC
Employer identification number (EIN):	205697917
NAIC Classification:	523900