2023 Form 5500 filing — Cheerwine 401(K) Profit Sharing 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 20240925080142NAL0013989201001) for Cheerwine 401(K) Profit Sharing Plan, reported by Piedmont Cheerwine Bottling Company under EIN 56-0887444 and plan number 001. It reports 382 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240925080142NAL0013989201001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Piedmont Cheerwine Bottling Company
- EIN
- 56-0887444
- Plan number
- 001
- Location
- Salisbury, NC
- Participants
- 382
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $17,664,895
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,664,895
- Employer contributions
- $626,200
- Participant contributions
- $1,194,835
- Total income / additions
- $4,485,344
- Benefits paid
- $1,282,800
- Administrative expenses
- $66,155
- Total expenses
- $1,351,034
- Net increase / (decrease)
- $3,134,310
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $42,368 | $0 |
| Mma Securities | ADVISOR | $10,000 | not reported in the loaded dataset |
| Lpl Financial LLC | ADVISOR | $10,000 | not reported in the loaded dataset |