2023 Form 5500 filing — Cherry Central Cooperative, Inc. Employees Profit Sharing And Investment 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 20250114063308NAL0039439778001) for Cherry Central Cooperative, Inc. Employees Profit Sharing And Investment Plan, reported by Cherry Central Cooperative, Inc. under EIN 38-2010272 and plan number 001. It reports 311 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250114063308NAL0039439778001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Cherry Central Cooperative, Inc.
- EIN
- 38-2010272
- Plan number
- 001
- Location
- Traverse City, MI
- Participants
- 311
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $16,615,494
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,615,494
- Employer contributions
- $324,270
- Participant contributions
- $729,413
- Total income / additions
- $2,574,421
- Benefits paid
- $250,201
- Administrative expenses
- $110,652
- Total expenses
- $360,853
- Net increase / (decrease)
- $2,213,568
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Captrust | INVESTMENT ADVISORY | $61,710 | not reported in the loaded dataset |
| Sentinel Benefits Group, Inc. | TPA | $41,885 | not reported in the loaded dataset |
| Charles Schwab Trust Bank | CUSTODIAN | $7,057 | not reported in the loaded dataset |