Gmmi Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2020. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Gmmi Inc. 401(k) Plan Facts (plan year 2020)

Plan name
GMMI INC 401-K PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
GMMI INC.
Participants
217 (205 active employees)
Former employees with a balance
0
Employer contributions
$300,702 in plan year 2020 (25% of all contributions)
Recordkeeper
Financial Designs, Inc.
Plan year
Jan 1, 2020 – Dec 31, 2020
Plan established
Jan 1, 2010
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2020 (Jan 1, 2020 – Dec 31, 2020), filed Oct 15, 2021. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $1.18 million went into the plan in contributions, $300,702 of it from the employer (25%).
  • $1.14 million was paid out to participants.
  • Investment and other income added $703,655.

How the Gmmi Inc. 401(k) changed, 2015–2020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201578$1.33 million$96,658$57,567
201693$1.81 million$124,171$17,038
2017128$2.50 million$139,491$80,419
2018170$2.83 million$206,186$65,984
2019179$4.00 million$234,859$678,299
2020217$0$300,702$1.14 million

Gmmi Inc. 401(k) Contact Information

Phone
954-334-4906
Mailing address
880 SW 145TH AVE SUITE 400, PEMBROKE PINES FL 33027
Plan sponsor
GMMI INC.
Employer identification number (EIN)
75-2436905
Plan number
001

Questions about the Gmmi Inc. 401(k)

Is the Gmmi Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2020, and no later filing was found under this employer's EIN.

Does Gmmi Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $300,702, 25% of all contributions.

Does the Gmmi Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Gmmi Inc 401(k) plan?

217 participants at the start of plan year 2020, 205 of them active employees.

Who manages the Gmmi Inc 401(k) accounts?

FINANCIAL DESIGNS, INC. is the plan's recordkeeper, which is where participants log in to see their balance.

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