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, First Carolina Management, Inc. 401(K) Plan is a benefit plan reported by First Carolina Management. Inc. under EIN 56-1672011 and plan number 001. The latest loaded filing year is 2023. The filing reports 291 participants and $2,415,406 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,415,406
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,415,406
- Net assets (BOY)
- $2,335,482
Income & contributions
- Employer contributions
- $13,565
- Participant contributions
- $170,347
- Total contributions
- $183,912
- Total income / additions
- $509,493
Expenses & distributions
- Benefits paid
- $418,020
- Administrative expenses
- $10,289
- Total expenses
- $429,569
- Net increase / (decrease)
- $79,924