Plan5500

Cherry Central Cooperative, Inc. Employees Profit Sharing And Investment Plan — Form 5500 plan (Cherry Central Cooperative, 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, Cherry Central Cooperative, Inc. Employees Profit Sharing And Investment Plan is a benefit plan reported by Cherry Central Cooperative, Inc. under EIN 38-2010272 and plan number 001. The latest loaded filing year is 2023. The filing reports 311 participants and $16,615,494 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Cherry Central Cooperative, Inc.
EIN
38-2010272
Plan number
001
Plan type
2
Location
Traverse City, MI
Latest filing year
2023
Participants
311
End-of-year plan assets
$16,615,494

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023311H, C20250114063308NAL0039439778001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$16,615,494
Total liabilities (EOY)
$0
Net assets (EOY)
$16,615,494
Net assets (BOY)
$14,401,926

Income & contributions

Employer contributions
$324,270
Participant contributions
$729,413
Total contributions
$1,062,378
Total income / additions
$2,574,421

Expenses & distributions

Benefits paid
$250,201
Administrative expenses
$110,652
Total expenses
$360,853
Net increase / (decrease)
$2,213,568

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
CaptrustINVESTMENT ADVISORY$61,710not reported in the loaded dataset2023
Sentinel Benefits Group, Inc.TPA$41,885not reported in the loaded dataset2023
Charles Schwab Trust BankCUSTODIAN$7,057not reported in the loaded dataset2023

Related Form 5500 pages