Chemence, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Chemence, 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, Chemence, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Chemence, Inc. under EIN 34-1607498 and plan number 001. The latest loaded filing year is 2023. The filing reports 271 participants and $4,968,878 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$5MPlan net assets, end of year$4,965,642
Participants271Covered participants reported
Assets / participant$18.3KComputed: assets ÷ participants$18,335 (computed)
Provider compensation$21.1K1 Schedule C provider row(s)$21,098
- Plan sponsor
- Chemence, Inc.
- EIN
- 34-1607498
- Plan number
- 001
- Plan type
- 2
- Location
- Alpharetta, GA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 271 | H, C | 20241011123608NAL0012487923001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$5M total assets
Net assets$5MLiabilities$3.2K
Full reported line items
Net assets
- Total assets (EOY)
- $4,968,878
- Total liabilities (EOY)
- $3,236
- Net assets (EOY)
- $4,965,642
- Net assets (BOY)
- $3,824,583
Income & contributions
- Employer contributions
- $336,222
- Participant contributions
- $660,159
- Total contributions
- $1,031,542
- Total income / additions
- $1,696,274
Expenses & distributions
- Benefits paid
- $531,790
- Administrative expenses
- $23,374
- Total expenses
- $555,215
- Net increase / (decrease)
- $1,141,059
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Pensionmark Financial Group | INVESTMENT ADVISOR | $21,098 | not reported in the loaded dataset | 2023 |