Cbn 401(K) Retirement Plan — Form 5500 plan (The Christian Broadcasting Network, 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, Cbn 401(K) Retirement Plan is a benefit plan reported by The Christian Broadcasting Network, Inc. under EIN 54-0678752 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,449 participants and $92,768,908 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
The Christian Broadcasting Network, Inc.
EIN
54-0678752
Plan number
002
Plan type
2
Location
Virginia Beach, VA
Latest filing year
2023
Participants
1,449
End-of-year plan assets
$92,768,908

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,449H, C20240726094133NAL0008838579001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$92,768,908
Total liabilities (EOY)
$0
Net assets (EOY)
$92,768,908
Net assets (BOY)
$82,996,700

Income & contributions

Employer contributions
$0
Participant contributions
$3,477,615
Total contributions
$3,793,773
Total income / additions
$18,667,712

Expenses & distributions

Benefits paid
$8,831,704
Administrative expenses
$20,821
Total expenses
$8,895,504
Net increase / (decrease)
$9,772,208

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Merrill LynchINVESTMENT ADVISOR$44,000not reported in the loaded dataset2023
Pbmares, LlpACCOUNTANT/AUDITOR$11,750not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER-$39,867$02023

Related Form 5500 pages