Plan5500

Corvesta, Inc. New Comparability Cash Or Deferred Profit Sharing Plan — Form 5500 plan (Corvesta, 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, Corvesta, Inc. New Comparability Cash Or Deferred Profit Sharing Plan is a benefit plan reported by Corvesta, Inc. under EIN 20-5945158 and plan number 001. The latest loaded filing year is 2023. The filing reports 341 participants and $42,203,110 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Corvesta, Inc.
EIN
20-5945158
Plan number
001
Plan type
2
Location
Roanoke, VA
Latest filing year
2023
Participants
341
End-of-year plan assets
$42,203,110

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023341H, C20240731084758NAL0036129488001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$42,203,110
Total liabilities (EOY)
$0
Net assets (EOY)
$42,203,110
Net assets (BOY)
$39,412,855

Income & contributions

Employer contributions
$1,942,773
Participant contributions
$1,442,068
Total contributions
$3,402,178
Total income / additions
$8,613,246

Expenses & distributions

Benefits paid
$5,288,879
Administrative expenses
$61,397
Total expenses
$5,350,276
Net increase / (decrease)
$3,262,970

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$61,397$02023

Related Form 5500 pages