Cives Corporation Employee Stock Ownership Plan — Form 5500 plan (Cives Corporation)
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, Cives Corporation Employee Stock Ownership Plan is a benefit plan reported by Cives Corporation under EIN 16-0955800 and plan number 201. The latest loaded filing year is 2023. The filing reports 965 participants and $71,092,741 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Cives Corporation
- EIN
- 16-0955800
- Plan number
- 201
- Plan type
- 2
- Location
- Alpharetta, GA
- Latest filing year
- 2023
- Participants
- 965
- End-of-year plan assets
- $71,092,741
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 965 | H, C | 20241014074826NAL0012984243001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $71,092,741
- Total liabilities (EOY)
- $10,484
- Net assets (EOY)
- $71,082,257
- Net assets (BOY)
- $70,285,932
Income & contributions
- Employer contributions
- $2,555,410
- Total contributions
- $2,555,410
- Total income / additions
- $5,653,659
Expenses & distributions
- Benefits paid
- $4,810,417
- Administrative expenses
- $46,917
- Total expenses
- $4,857,334
- Net increase / (decrease)
- $796,325
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $24,383 | $0 | 2023 |
| Hazard & Siegel, Inc. | OTHER SERVICES | $0 | $5,259 | 2023 |
| Hazard & Siegel Agency, LLC | OTHER SERVICES | $0 | $2,608 | 2023 |