2023 Form 5500 filing — Chapel Hill Academy 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 20250415135317NAL0005877408001) for Chapel Hill Academy 401(K) Profit Sharing Plan, reported by Terranova Group, Inc under EIN 22-3218734 and plan number 001. It reports 210 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250415135317NAL0005877408001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Terranova Group, Inc
- EIN
- 22-3218734
- Plan number
- 001
- Location
- Montville, NJ
- Participants
- 210
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $22,402,646
- Total liabilities (EOY)
- $40,650
- Net assets (EOY)
- $22,361,996
- Employer contributions
- $494,716
- Participant contributions
- $356,202
- Total income / additions
- $3,835,042
- Benefits paid
- $830,218
- Administrative expenses
- $60,100
- Total expenses
- $890,318
- Net increase / (decrease)
- $2,944,724
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Alerus Financial, N.A. | NONE | $60,100 | $0 |