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, Retirement Plan For Employees Of Channellock, Inc is a benefit plan reported by Channellock, Inc. under EIN 25-0399850 and plan number 002. The latest loaded filing year is 2023. The filing reports 424 participants and $41,961,700 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $41,961,700
- Net assets (EOY)
- $41,961,700
- Net assets (BOY)
- $40,435,857
Income & contributions
- Employer contributions
- $962,000
- Total contributions
- $962,000
- Total income / additions
- $5,599,527
Expenses & distributions
- Benefits paid
- $3,983,061
- Administrative expenses
- $90,623
- Total expenses
- $4,073,684
- Net increase / (decrease)
- $1,525,843