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Original filing (PDF)20250929053747NAL0010525825001
GBS CORP
Form 5500
FILING_RECEIVED
GBS CORP & SUBSIDIARIES EMPLOYEE STOCK OWNERSHIP PLAN & TRUST
Defined-contribution retirement plan
Signals · 3
99% in single holding99% employer stockNo recordkeeper disclosed
Active participants
200
Accounts w/ balance
209
Plan assets (EOY)
$125.5M
Net assets (EOY)
$121.9M
How this plan invests
This plan
2 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
88
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
50
Total plan cost
100
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "GBS Corp. Common Stock 3,268,822 shares" is 99% of plan.
- 99% of plan in employer / sponsor stock.
- No recordkeeper disclosed on Schedule C.
Helping the score
- Below-peer total fees (3 bps vs 10 bps peer median).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for GBS CORP.
Plan sponsor
Name
GBS CORP
EIN
34-1084079
Address
7233 FREEDOM AVE NW · NORTH CANTON, OH · 447207123
Phone
(330) 494-5330
Industry
Wholesale Tradesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
003
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-09-29
Pension benefit codes
2O · ESOP (non-leveraged)
2Q · S-corporation ESOP
Audit & trust (Schedule H)
Auditor
CLIFTONLARSONALLEN LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsOther
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CHARTWELL FINANCIAL ADVISORY, INC. | 36-4799908 | MINNEAPOLIS, MN | NONE | $26K | — |
| CLIFTONLARSONALLEN LLP | 41-0746749 | CANTON, OH | NONE | $14K | — |
Investments
2 direct securities· $124.3M(99% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| GBS Corp. Common Stock 3,268,822 shares | — | — | $14.5M | $123.6M | 98.5% | |
| American Funds U.S. Government Money Market 685,980 Shares | — | — | $686K | $686K | 0.5% |
