2023 Form 5500 filing — Cornerstone 401(K) Retirement 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 20241014084452NAL0052830802001) for Cornerstone 401(K) Retirement Plan, reported by Cornerstone Industries Corp under EIN 61-1261950 and plan number 001. It reports 78 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014084452NAL0052830802001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Cornerstone Industries Corp
- EIN
- 61-1261950
- Plan number
- 001
- Location
- Brownsburg, IN
- Participants
- 78
- Schedules available
- Schedule I, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $3,941,230
- Net assets (EOY)
- $3,941,230
- Employer contributions
- $121,548
- Participant contributions
- $252,573
- Total income / additions
- $940,195
- Benefits paid
- $239,300
- Total expenses
- $251,844
- Net increase / (decrease)
- $688,351
- Schedule source
- Schedule I
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Nationwide | SERVICE PROVIDER | $14,030 | $0 |
| Lji Wealth Management, LLC | SERVICE PROVIDER | $11,226 | $0 |
| Mcgregor & Associates, Inc. | SERVICE PROVIDER | $578 | $0 |