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, The Cannon Corporation 401(K) Plan is a benefit plan reported by The Cannon Corporation under EIN 16-0698950 and plan number 003. The latest loaded filing year is 2023. The filing reports 2,016 participants and $226,559,165 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $226,559,165
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $226,559,165
- Net assets (BOY)
- $188,547,387
Income & contributions
- Employer contributions
- $3,213,045
- Participant contributions
- $12,340,670
- Total contributions
- $19,298,067
- Total income / additions
- $56,989,138
Expenses & distributions
- Benefits paid
- $18,797,963
- Administrative expenses
- $179,397
- Total expenses
- $18,977,360
- Net increase / (decrease)
- $38,011,778