Coastal Horizons Center, Inc. Profit Sharing Plan — Form 5500 plan (Coastal Horizons Center, 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, Coastal Horizons Center, Inc. Profit Sharing Plan is a benefit plan reported by Coastal Horizons Center, Inc. under EIN 56-0950370 and plan number 001. The latest loaded filing year is 2023. The filing reports 556 participants and $12,629,743 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Coastal Horizons Center, Inc.
EIN
56-0950370
Plan number
001
Plan type
2
Location
Wilmington, NC
Latest filing year
2023
Participants
556
End-of-year plan assets
$12,629,743

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023556H, C20250806093508NAL0001640131001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$12,629,743
Total liabilities (EOY)
$0
Net assets (EOY)
$12,629,743
Net assets (BOY)
$9,239,677

Income & contributions

Employer contributions
$735,122
Participant contributions
$995,738
Total contributions
$2,070,095
Total income / additions
$3,905,950

Expenses & distributions

Benefits paid
$462,705
Administrative expenses
$53,179
Total expenses
$515,884
Net increase / (decrease)
$3,390,066

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyRECORDKEEPER$49,348$02023
Wells Fargo Advisors Fin Network LlBROKER/ADVISER$0$24,6672023
Empower Advisory Group, LLCINVESTMENT MGMT$8,124not reported in the loaded dataset2023

Related Form 5500 pages