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, Crossnore School And Children'S Home, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Crossnore Communities For Children, Inc under EIN 56-0567980 and plan number 002. The latest loaded filing year is 2023. The filing reports 354 participants and $9,862,896 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,862,896
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,862,896
- Net assets (BOY)
- $8,648,663
Income & contributions
- Employer contributions
- $459,584
- Participant contributions
- $622,194
- Total contributions
- $1,272,045
- Total income / additions
- $3,334,299
Expenses & distributions
- Benefits paid
- $1,128,240
- Administrative expenses
- $61,239
- Total expenses
- $1,192,246
- Net increase / (decrease)
- $2,142,053