2023 Form 5500 filing — Carolina Biological Supply Company Savings And Profit Sharing Retirement
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 20241011110559NAL0022630817001) for Carolina Biological Supply Company Savings And Profit Sharing Retirement, reported by Carolina Biological Supply Company under EIN 56-0364367 and plan number 001. It reports 642 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011110559NAL0022630817001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Carolina Biological Supply Company
- EIN
- 56-0364367
- Plan number
- 001
- Location
- Burlington, NC
- Participants
- 642
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $44,903,521
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $44,903,521
- Employer contributions
- $1,002,693
- Participant contributions
- $2,396,847
- Total income / additions
- $10,298,073
- Benefits paid
- $4,114,509
- Administrative expenses
- $137,865
- Total expenses
- $4,252,374
- Net increase / (decrease)
- $6,045,699
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $122,857 | $0 |
| Independent Advisor Alliance | INVESTMENT ADVISORY | $15,008 | $107 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |