2023 Form 5500 filing — Commercial Credit Group Inc. 401(K) Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240717153626NAL0004320721001) for Commercial Credit Group Inc. 401(K) Plan, reported by Commercial Credit Group Inc. under EIN 20-1409176 and plan number 001. It reports 303 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$29.5MReported net assets$29,476,476

Participants303

Provider compensation$66K3 Schedule C row(s)$65,956

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20240717153626NAL0004320721001
Plan sponsor: Commercial Credit Group Inc.
EIN: 20-1409176
Plan number: 001
Location: Charlotte, NC
Received date: not reported in the loaded dataset

How to read this filing

This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
Schedule chips (Sch H / I / C) show which schedules this filing includes.
Net assets = total assets minus total liabilities (Schedule H/I).
Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
For the plan's full history, open the plan profile.

Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$29.5M total assets

Net assets$29.5MLiabilities$0

Money in vs. money out

Total income / additions$7.7M

Total expenses$2M

Benefits paid / distributions$2M

Contributions

Employer$461.3K

Participant$1.9M

Full reported line items

Total assets (EOY): $29,476,476
Total liabilities (EOY): $0
Net assets (EOY): $29,476,476
Employer contributions: $461,308
Participant contributions: $1,907,975
Total income / additions: $7,669,720
Benefits paid: $1,996,335
Administrative expenses: $2,594
Total expenses: $1,998,929
Net increase / (decrease): $5,670,791

Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

1
Wells Fargo Clearing Services LLC$47K
OTHER SERVICES · Direct $0 · Indirect $47K
2
Wells Fargo Advisors Ins Agency LLC$16.3K
OTHER SERVICES · Direct $0 · Indirect $16.3K
3
Principal Life Insurance Company$2.6K
CONTRACT ADMINISTRATOR · Direct $2.6K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240717153626NAL0004320721001 cover?: It is the 2023 Form 5500 filing for Commercial Credit Group Inc. 401(K) Plan, reported by Commercial Credit Group Inc. (EIN 20-1409176).
Which Form 5500 schedules are attached to this 2023 filing?: Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).