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, Chapel Hill Academy 401(K) Profit Sharing Plan is a benefit plan reported by Terranova Group, Inc under EIN 22-3218734 and plan number 001. The latest loaded filing year is 2023. The filing reports 210 participants and $22,402,646 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $22,402,646
- Total liabilities (EOY)
- $40,650
- Net assets (EOY)
- $22,361,996
- Net assets (BOY)
- $31,720,164
Income & contributions
- Employer contributions
- $494,716
- Participant contributions
- $356,202
- Total contributions
- $850,918
- Total income / additions
- $3,835,042
Expenses & distributions
- Benefits paid
- $830,218
- Administrative expenses
- $60,100
- Total expenses
- $890,318
- Net increase / (decrease)
- $2,944,724