Reeds Jewelers, Inc. 401(K) Profit Sharing Retirement Plan — Form 5500 plan (Reeds Jewelers, 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, Reeds Jewelers, Inc. 401(K) Profit Sharing Retirement Plan is a benefit plan reported by Reeds Jewelers, Inc. under EIN 56-1441706 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,042 participants and $31,400,589 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Reeds Jewelers, Inc.
- EIN
- 56-1441706
- Plan number
- 001
- Plan type
- 2
- Location
- Wilmington, NC
- Latest filing year
- 2023
- Participants
- 1,042
- End-of-year plan assets
- $31,400,589
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,042 | H, C | 20241015051929NAL0054930818001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $31,400,589
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $31,400,589
- Net assets (BOY)
- $26,444,751
Income & contributions
- Employer contributions
- $565,103
- Participant contributions
- $2,511,445
- Total contributions
- $3,247,739
- Total income / additions
- $7,277,810
Expenses & distributions
- Benefits paid
- $2,192,535
- Administrative expenses
- $129,437
- Total expenses
- $2,321,972
- Net increase / (decrease)
- $4,955,838
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Ins Co Of America | RECORDKEEPER | $72,167 | $0 | 2023 |
| Commonwealth Financial Network | ADVISOR | $55,649 | not reported in the loaded dataset | 2023 |
| Qualified Retirement Plan Services, | CONTRACT ADMIN | $2,389 | $10,000 | 2023 |
| Empower Advisory Group | INVESTMENT MANAGEMENT | $6,839 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Reeds Jewelers, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Wilmington, NC
- Empower Annuity Ins Co Of America — Schedule C compensation
- Commonwealth Financial Network — Schedule C compensation
- Qualified Retirement Plan Services, — Schedule C compensation
- Empower Advisory Group — Schedule C compensation