2023 Form 5500 filing — The Cannon Corporation 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 20241011112210NAL0010860339001) for The Cannon Corporation 401(K) Plan, reported by The Cannon Corporation under EIN 16-0698950 and plan number 003. It reports 2,016 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011112210NAL0010860339001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Cannon Corporation
- EIN
- 16-0698950
- Plan number
- 003
- Location
- Buffalo, NY
- Participants
- 2,016
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $226,559,165
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $226,559,165
- Employer contributions
- $3,213,045
- Participant contributions
- $12,340,670
- Total income / additions
- $56,989,138
- Benefits paid
- $18,797,963
- Administrative expenses
- $179,397
- Total expenses
- $18,977,360
- Net increase / (decrease)
- $38,011,778
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $138,775 | $0 |
| Nfp Retirement, Inc. | INVESTMENT ADVISOR | $27,500 | not reported in the loaded dataset |
| Jeffrey L Offhaus Cpa, LLC | ACCOUNTANT/AUDITOR | $12,800 | not reported in the loaded dataset |