2023 Form 5500 filing — Carolina Glove 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 20240814140351NAL0006869699001) for Carolina Glove Retirement Plan, reported by Carolina Glove Company under EIN 56-0481693 and plan number 001. It reports 240 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240814140351NAL0006869699001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Carolina Glove Company
- EIN
- 56-0481693
- Plan number
- 001
- Location
- Conover, NC
- Participants
- 240
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Employer contributions
- $323,517
- Total income / additions
- $713,955
- Benefits paid
- $6,798,004
- Administrative expenses
- $134,069
- Total expenses
- $6,932,073
- Net increase / (decrease)
- -$6,218,118
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $130,569 | $0 |
| S B H U Life Agency Inc | OTHER SERVICES | $0 | $2,125 |