2023 Form 5500 filing — Cornet Technology, Inc. 401(K) Retirement 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 20240731141320NAL0021646705001) for Cornet Technology, Inc. 401(K) Retirement Plan, reported by Cornet Technology, Inc under EIN 62-1382098 and plan number 001. It reports 137 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)$16MReported net assets$15,964,732
Participants137
Provider compensation$2.1K2 Schedule C row(s)$2,130
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240731141320NAL0021646705001
Plan sponsor
Cornet Technology, Inc
EIN
62-1382098
Plan number
001
Location
Springfield, VA
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)$16M total assets
Net assets$16MLiabilities$0
Money in vs. money out
Total income / additions$4.9M
Total expenses$4.7M
Benefits paid / distributions$4.7M
Contributions
Employer$123.5K
Participant$702.1K
Full reported line items
Total assets (EOY)
$15,964,732
Total liabilities (EOY)
$0
Net assets (EOY)
$15,964,732
Employer contributions
$123,547
Participant contributions
$702,117
Total income / additions
$4,927,898
Benefits paid
$4,667,158
Administrative expenses
$3,491
Total expenses
$4,670,649
Net increase / (decrease)
$257,249
Schedule C

Reported service provider compensation

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

  1. 1
    RECORD KEEPER · Direct $2.1K · Indirect $0
  2. 2
    NONE · Direct $0 · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240731141320NAL0021646705001 cover?
It is the 2023 Form 5500 filing for Cornet Technology, Inc. 401(K) Retirement Plan, reported by Cornet Technology, Inc (EIN 62-1382098).
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).

Related Form 5500 pages