Centerstone Of America, Inc. 401(K) Retirement Plan — Form 5500 plan (Centerstone Of America, 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, Centerstone Of America, Inc. 401(K) Retirement Plan is a benefit plan reported by Centerstone Of America, Inc. under EIN 20-0072992 and plan number 002. The latest loaded filing year is 2023. The filing reports 424 participants and $13,824,167 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$13.8MPlan net assets, end of year$13,824,167
Participants424Covered participants reported
Assets / participant$32.6KComputed: assets ÷ participants$32,604 (computed)
Provider compensation$33.4K1 Schedule C provider row(s)$33,421
Plan sponsor
Centerstone Of America, Inc.
EIN
20-0072992
Plan number
002
Plan type
2
Location
Nashville, TN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023424H, C20241015074659NAL0046947280001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$13.8M total assets
Net assets$13.8MLiabilities$0
Money in vs. money out
Total income / additions$2.2M
Total expenses$1.7M
Benefits paid / distributions$1.6M
Full reported line items

Net assets

Total assets (EOY)
$13,824,167
Total liabilities (EOY)
$0
Net assets (EOY)
$13,824,167
Net assets (BOY)
$13,344,977

Income & contributions

Total contributions
$0
Total income / additions
$2,157,633

Expenses & distributions

Benefits paid
$1,645,021
Administrative expenses
$33,422
Total expenses
$1,678,443
Net increase / (decrease)
$479,190
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets12%Computed ratio
Benefits paid ÷ total income76%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$33,421$02023

Related Form 5500 pages