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Original filing (PDF)20251218101750NAL0005076625001
GINOS DISTRIBUTING, INC.
Form 5500
FILING_RECEIVED
GINOS DISTRIBUTING, INC. EMPLOYEE STOCK OWNERSHIP PLAN
Defined-contribution retirement plan
Signals · 5
Late filing · 61.1 mo74% in single holding74% employer stock~132 bps in Sched C feesNo recordkeeper disclosed
Active participants
211
Accounts w/ balance
548
Plan assets (EOY)
$4.8M
Net assets (EOY)
$4.8M
How this plan invests
This plan
3 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
72
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
75
Concentration risk
50
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Filed 61.1 months past the 10.5-month grace window.
- Top holding "Gino's Distributing, Inc. 6,600 Shares Common Stock" is 74% of plan.
- 74% of plan in employer / sponsor stock.
- 132 bps in Schedule C fees — 153% above peer band of 52 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for GINOS DISTRIBUTING, INC..
Plan sponsor
Name
GINOS DISTRIBUTING, INC.
EIN
55-0546227
Address
119 SOUTH COURT STREET · FAYETTEVILLE, WV · 25840
Phone
(304) 722-3511
Industry
Wholesale Tradesee all
Plan administrator
Name
GINOS DISTRIBUTING, INC.
EIN
55-0546227
City
NITRO, WV
Phone
(304) 722-3511
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2019-01-01
Tax period
2019-12-31
Filed
2025-12-18
Pension benefit codes
2I · Stock bonus
2O · ESOP (non-leveraged)
2Q · S-corporation ESOP
Audit & trust (Schedule H)
Auditor
ELLIS & ELLIS
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsOther
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ELLIS & ELLIS | 55-1265032 | — | NONE | $32K | — |
| MENKE & ASSOCIATES, INC. | 94-2349093 | — | NONE | $32K | — |
Investments
3 direct securities· $4.3M(90% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Gino's Distributing, Inc. 6,600 Shares Common Stock | — | — | $1.4M | $3.2M | 66.2% | |
| BB&T Checking Account | — | — | $750K | $750K | 15.5% | |
| First Bank Savings Account | — | — | $391K | $391K | 8.1% |