Cherryville, NC Form 5500 retirement and benefit plan filings

City Form 5500 summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Cherryville, NC has 4 loaded benefit plan(s) reported by 3 plan sponsor(s), with $2,696,225 in total reported end-of-year plan assets across loaded filings. The latest loaded Form 5500 filing year is 2023.

Loaded plans
4
Plan sponsors
3
Latest filing year
2023

Reported financial aggregate (2023)

Reported net position

Total reported assets (EOY)
$2,696,225
Total reported liabilities (EOY)
$0
Total reported net assets (EOY)
$2,696,225

Contributions & income

Employer contributions
$174,476
Participant contributions
$288,344
Total income / additions
$241,336

Expenses & distributions

Benefits paid / distributions
$156,059
Total expenses
$194,770
Net increase / (decrease)
$46,566

Coverage

Total reported participants
397
Plans with financial statements
3
Plans with provider compensation
2

Totals sum the latest loaded 2023 public Form 5500 filing per plan for Cherryville, NC plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Largest loaded plans by reported assets

Largest loaded plans in Cherryville, NC
PlanSponsorReported assets (EOY)Year
Scotland Manufacturing 401(K) TrustScotland Manufacturing, Inc.$1,368,7602023
Farris Fab. & Machine 401(K) PlanFarris Fab. & Machine, Inc$1,065,1322023
Cherryville Auto & Truck Supply Inc. 401(K) PlanCherryville Auto & Truck Supply Inc.$262,3332023
Farris Fab & Machine Welfare Benefit PlanFarris Fab & Machinenot reported in the loaded dataset2023

Related Form 5500 pages