2023 Form 5500 filing — Staple Cotton Cooperative Association And Its Affiliates 401k Retirement Savings 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 20241010170847NAL0020590625001) for Staple Cotton Cooperative Association And Its Affiliates 401k Retirement Savings Plan, reported by Staple Cotton Cooperative Association under EIN 64-0247150 and plan number 002. It reports 166 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010170847NAL0020590625001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Staple Cotton Cooperative Association
- EIN
- 64-0247150
- Plan number
- 002
- Location
- Greenwood, MS
- Participants
- 166
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $18,450,342
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,450,342
- Employer contributions
- $721,815
- Participant contributions
- $598,131
- Total income / additions
- $3,971,253
- Benefits paid
- $514,867
- Administrative expenses
- $54,935
- Total expenses
- $569,802
- Net increase / (decrease)
- $3,401,451
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Regions Bank | ADVISOR | $31,316 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $23,619 | $0 |