2023 Form 5500 filing — Culp Inc Employees Ret Builder 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 20240731144002NAL0047129218001) for Culp Inc Employees Ret Builder Plan, reported by Culp Inc Employees Ret Bldr Plan under EIN 56-1001967 and plan number 001. It reports 897 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240731144002NAL0047129218001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Culp Inc Employees Ret Bldr Plan
- EIN
- 56-1001967
- Plan number
- 001
- Location
- High Point, NC
- Participants
- 897
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $41,776,912
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $41,776,912
- Employer contributions
- $1,053,752
- Participant contributions
- $1,989,324
- Total income / additions
- $8,674,986
- Benefits paid
- $7,550,692
- Administrative expenses
- $121,994
- Total expenses
- $7,672,686
- Net increase / (decrease)
- $1,002,300
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Raymond James | INVESTMENT ADVISOR | $82,400 | not reported in the loaded dataset |
| Greer Walker Llp | AUDITOR | $25,000 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $12,594 | $0 |
| Smith Leonard Pllc | OTHER | $2,000 | not reported in the loaded dataset |