2023 Form 5500 filing — Tobacco Rag Processors, Inc. Employee Stock Ownership 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 20241015114716NAL0049105440001) for Tobacco Rag Processors, Inc. Employee Stock Ownership Plan, reported by Tobacco Rag Processors, Inc. under EIN 56-2203637 and plan number 002. It reports 282 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$37MReported net assets$37,038,721
Participants282
Provider compensationNone reported
Schedules filedSchedule HLoaded schedules
EFAST2 acknowledgement
20241015114716NAL0049105440001
Plan sponsor
Tobacco Rag Processors, Inc.
EIN
56-2203637
Plan number
002
Location
Black Creek, NC
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$49.1M total assets
Net assets$37MLiabilities$12M
Money in vs. money out
Total income / additions$11.9M
Total expenses$1.1M
Benefits paid / distributions$615K
Contributions
Employer$1.2M
ParticipantNot reported
Full reported line items
Total assets (EOY)
$49,073,794
Total liabilities (EOY)
$12,035,073
Net assets (EOY)
$37,038,721
Employer contributions
$1,182,874
Total income / additions
$11,901,078
Benefits paid
$615,016
Administrative expenses
$0
Total expenses
$1,090,267
Net increase / (decrease)
$10,810,811

Related Form 5500 pages