2023 Form 5500 filing — The Cypress Companies, Inc. Retirement And 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 20241015082143NAL0029004033001) for The Cypress Companies, Inc. Retirement And Profit Sharing Plan, reported by The Cypress Companies, Inc. under EIN 88-0342214 and plan number 001. It reports 770 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015082143NAL0029004033001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- The Cypress Companies, Inc.
- EIN
- 88-0342214
- Plan number
- 001
- Location
- Akron, OH
- Participants
- 770
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $46,372,500
- Total liabilities (EOY)
- $79
- Net assets (EOY)
- $46,372,421
- Employer contributions
- $1,223,372
- Participant contributions
- $2,408,727
- Total income / additions
- $10,823,481
- Benefits paid
- $5,697,772
- Administrative expenses
- $121,914
- Total expenses
- $5,830,330
- Net increase / (decrease)
- $4,993,151
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Ifp Advisors LLC | ADVISOR | $70,000 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $51,914 | $0 |