Culp Inc Employees Ret Builder Plan — Form 5500 plan (Culp Inc Employees Ret Bldr Plan)
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, Culp Inc Employees Ret Builder Plan is a benefit plan reported by Culp Inc Employees Ret Bldr Plan under EIN 56-1001967 and plan number 001. The latest loaded filing year is 2023. The filing reports 897 participants and $41,776,912 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Culp Inc Employees Ret Bldr Plan
- EIN
- 56-1001967
- Plan number
- 001
- Plan type
- 2
- Location
- High Point, NC
- Latest filing year
- 2023
- Participants
- 897
- End-of-year plan assets
- $41,776,912
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 897 | H, C | 20240731144002NAL0047129218001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $41,776,912
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $41,776,912
- Net assets (BOY)
- $40,774,612
Income & contributions
- Employer contributions
- $1,053,752
- Participant contributions
- $1,989,324
- Total contributions
- $3,196,308
- Total income / additions
- $8,674,986
Expenses & distributions
- Benefits paid
- $7,550,692
- Administrative expenses
- $121,994
- Total expenses
- $7,672,686
- Net increase / (decrease)
- $1,002,300
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Raymond James | INVESTMENT ADVISOR | $82,400 | not reported in the loaded dataset | 2023 |
| Greer Walker Llp | AUDITOR | $25,000 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $12,594 | $0 | 2023 |
| Smith Leonard Pllc | OTHER | $2,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Culp Inc Employees Ret Bldr Plan
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in High Point, NC
- Raymond James — Schedule C compensation
- Greer Walker Llp — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation
- Smith Leonard Pllc — Schedule C compensation