Carolina Caring Retirement Plan — Form 5500 plan (Carolina Caring, 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, Carolina Caring Retirement Plan is a benefit plan reported by Carolina Caring, Inc. under EIN 56-1242526 and plan number 002. The latest loaded filing year is 2023. The filing reports 418 participants and $12,655,041 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Carolina Caring, Inc.
EIN
56-1242526
Plan number
002
Plan type
2
Location
Newton, NC
Latest filing year
2023
Participants
418
End-of-year plan assets
$12,655,041

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023418H, C20241011122801NAL0036902080001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$12,655,041
Total liabilities (EOY)
$0
Net assets (EOY)
$12,655,041
Net assets (BOY)
$10,197,996

Income & contributions

Employer contributions
$723,710
Participant contributions
$919,752
Total contributions
$2,011,167
Total income / additions
$3,621,900

Expenses & distributions

Benefits paid
$1,119,938
Administrative expenses
$44,917
Total expenses
$1,164,855
Net increase / (decrease)
$2,457,045

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$44,521$02023
Lpl Financial LLCOTHER SERVICES$0$38,1712023

Related Form 5500 pages