2023 Form 5500 filing — Coastal Horizons Center, Inc. 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 20250806093508NAL0001640131001) for Coastal Horizons Center, Inc. Profit Sharing Plan, reported by Coastal Horizons Center, Inc. under EIN 56-0950370 and plan number 001. It reports 556 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250806093508NAL0001640131001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Coastal Horizons Center, Inc.
- EIN
- 56-0950370
- Plan number
- 001
- Location
- Wilmington, NC
- Participants
- 556
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,629,743
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,629,743
- Employer contributions
- $735,122
- Participant contributions
- $995,738
- Total income / additions
- $3,905,950
- Benefits paid
- $462,705
- Administrative expenses
- $53,179
- Total expenses
- $515,884
- Net increase / (decrease)
- $3,390,066
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $49,348 | $0 |
| Wells Fargo Advisors Fin Network Ll | BROKER/ADVISER | $0 | $24,667 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $8,124 | not reported in the loaded dataset |