2023 Form 5500 filing — Coastal Beverage Company, Inc. Profit Sharing/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 20241009061435NAL0017936657001) for Coastal Beverage Company, Inc. Profit Sharing/401(K) Plan, reported by Coastal Beverage Company, Inc. under EIN 56-0694530 and plan number 001. It reports 665 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009061435NAL0017936657001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Coastal Beverage Company, Inc.
- EIN
- 56-0694530
- Plan number
- 001
- Location
- Wilmington, NC
- Participants
- 665
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $22,586,603
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,586,603
- Employer contributions
- $616,375
- Participant contributions
- $1,710,752
- Total income / additions
- $5,716,252
- Benefits paid
- $1,506,041
- Administrative expenses
- $84,299
- Total expenses
- $1,629,685
- Net increase / (decrease)
- $4,086,567
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Capfinancial Partners LLC | ADVISOR | $36,456 | not reported in the loaded dataset |
| Earney And Company, L.L.P. | ACCOUNTANT/AUDITOR | $28,750 | not reported in the loaded dataset |
| Fidelity Workplace Services, LLC | PLAN ADMINISTRATOR | $19,093 | $0 |