Channel Control Merchants, LLC, 401(K) — Form 5500 plan (Channel Control Merchants, LLC)

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, Channel Control Merchants, LLC, 401(K) is a benefit plan reported by Channel Control Merchants, LLC under EIN 20-5053319 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,078 participants and $6,299,160 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Channel Control Merchants, LLC
EIN
20-5053319
Plan number
001
Plan type
2
Location
Hattiesburg, MS
Latest filing year
2023
Participants
2,078
End-of-year plan assets
$6,299,160

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,078H, C20250410132546NAL0035527184001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$6,299,160
Total liabilities (EOY)
$0
Net assets (EOY)
$6,299,160
Net assets (BOY)
$6,497,297

Income & contributions

Employer contributions
$342,602
Participant contributions
$663,081
Total contributions
$1,016,824
Total income / additions
$1,907,545

Expenses & distributions

Benefits paid
$2,065,906
Administrative expenses
$25,735
Total expenses
$2,105,682
Net increase / (decrease)
-$198,137

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$23,294$02023
Empower Advisory Group, LLCINVESTMENT MGMT$2,441not reported in the loaded dataset2023

Related Form 5500 pages