Cherryroad Technologies 401(K) Profit Sharing Plan — Form 5500 plan (Cherryroad Technologies 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, Cherryroad Technologies 401(K) Profit Sharing Plan is a benefit plan reported by Cherryroad Technologies Inc. under EIN 20-5084389 and plan number 001. The latest loaded filing year is 2023. The filing reports 744 participants and $51,662,778 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Cherryroad Technologies Inc.
- EIN
- 20-5084389
- Plan number
- 001
- Plan type
- 2
- Location
- Parsippany, NJ
- Latest filing year
- 2023
- Participants
- 744
- End-of-year plan assets
- $51,662,778
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 744 | H, C | 20241010093151NAL0009859235001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $51,662,778
- Total liabilities (EOY)
- $10,721
- Net assets (EOY)
- $51,652,057
- Net assets (BOY)
- $45,239,284
Income & contributions
- Employer contributions
- $858,657
- Participant contributions
- $2,908,905
- Total contributions
- $4,146,772
- Total income / additions
- $12,520,667
Expenses & distributions
- Benefits paid
- $5,922,174
- Administrative expenses
- $122,597
- Total expenses
- $6,107,894
- Net increase / (decrease)
- $6,412,773
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Global Retirement Partners | INVESTMENT/FINANCIAL ADVI | $69,116 | $0 | 2023 |
| Adp, Inc. | RECORD KEEPER | $68,833 | $0 | 2023 |
| The Waterford Group, LLC | INVESTMENT/FINANCIAL ADVI | $8,351 | $1,500 | 2023 |
| Charles Schwab & Co, Inc. | INVESTMENT MANAGER | $2 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |
| Td Ameritrade, Inc. | SECURITES BROKER | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Cherryroad Technologies Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Parsippany, NJ
- Global Retirement Partners — Schedule C compensation
- Adp, Inc. — Schedule C compensation
- The Waterford Group, LLC — Schedule C compensation
- Charles Schwab & Co, Inc. — Schedule C compensation
- Adp Broker-Dealer — Schedule C compensation
- Td Ameritrade, Inc. — Schedule C compensation