Ra Cummings 401(K) Plan — Form 5500 plan (Ra Cummings Inc)
Plain-English plan 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, Ra Cummings 401(K) Plan is a benefit plan reported by Ra Cummings Inc under EIN 01-0425312 and plan number 001. The latest loaded filing year is 2023. The filing reports 96 participants and $6,244,519 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ra Cummings Inc
- EIN
- 01-0425312
- Plan number
- 001
- Plan type
- 2
- Location
- Auburn, ME
- Latest filing year
- 2023
- Participants
- 96
- End-of-year plan assets
- $6,244,519
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 96 | H, C | 20241015150939NAL0014924707007 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,244,519
- Net assets (EOY)
- $6,244,519
- Net assets (BOY)
- $4,655,572
Income & contributions
- Employer contributions
- $328,492
- Participant contributions
- $505,550
- Total contributions
- $897,872
- Total income / additions
- $1,875,353
Expenses & distributions
- Benefits paid
- $243,553
- Administrative expenses
- $42,853
- Total expenses
- $286,406
- Net increase / (decrease)
- $1,588,947
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock Life Insurance Company | RECORDKEEPER | $886 | $0 | 2023 |
| Wilshire Associates Inc(Usa) | ADVISOR | $277 | $0 | 2023 |