2023 Form 5500 filing — Coastal Specialty Forest Products, Inc. 401(K) 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 20241015103027NAL0028067857001) for Coastal Specialty Forest Products, Inc. 401(K) Profit Sharing Plan, reported by Coastal Specialty Forest Products, Inc. under EIN 02-0368547 and plan number 001. It reports 169 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015103027NAL0028067857001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Coastal Specialty Forest Products, Inc.
- EIN
- 02-0368547
- Plan number
- 001
- Location
- Bow, NH
- Participants
- 169
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,001,380
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,001,380
- Employer contributions
- $434,952
- Participant contributions
- $890,485
- Total income / additions
- $3,317,815
- Benefits paid
- $1,715,578
- Administrative expenses
- $50,640
- Total expenses
- $1,766,218
- Net increase / (decrease)
- $1,551,597
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $30,286 | $0 |
| Massachusetts Mutual Life Ins Comp | BROKER/ADVISER | $0 | $19,736 |
| Nbt Bank Na Dba Third Party Adminis | CONTRACT ADMIN | $9,310 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MANAGEMENT | $3,049 | $0 |