2023 Form 5500 filing — Cherryroad Technologies 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 20241010093151NAL0009859235001) for Cherryroad Technologies 401(K) Profit Sharing Plan, reported by Cherryroad Technologies Inc. under EIN 20-5084389 and plan number 001. It reports 744 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010093151NAL0009859235001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Cherryroad Technologies Inc.
- EIN
- 20-5084389
- Plan number
- 001
- Location
- Parsippany, NJ
- Participants
- 744
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $51,662,778
- Total liabilities (EOY)
- $10,721
- Net assets (EOY)
- $51,652,057
- Employer contributions
- $858,657
- Participant contributions
- $2,908,905
- Total income / additions
- $12,520,667
- Benefits paid
- $5,922,174
- Administrative expenses
- $122,597
- Total expenses
- $6,107,894
- Net increase / (decrease)
- $6,412,773
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Global Retirement Partners | INVESTMENT/FINANCIAL ADVI | $69,116 | $0 |
| Adp, Inc. | RECORD KEEPER | $68,833 | $0 |
| The Waterford Group, LLC | INVESTMENT/FINANCIAL ADVI | $8,351 | $1,500 |
| Charles Schwab & Co, Inc. | INVESTMENT MANAGER | $2 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |
| Td Ameritrade, Inc. | SECURITES BROKER | $0 | $0 |