Carolina Home Medical, Inc. Profit Sharing Plan And Trust — Form 5500 plan (Carolina Home Medical, 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 Home Medical, Inc. Profit Sharing Plan And Trust is a benefit plan reported by Carolina Home Medical, Inc. under EIN 56-1987279 and plan number 001. The latest loaded filing year is 2023. The filing reports 401 participants and $17,301,785 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Carolina Home Medical, Inc.
EIN
56-1987279
Plan number
001
Plan type
2
Location
New Bern, NC
Latest filing year
2023
Participants
401
End-of-year plan assets
$17,301,785

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023401H, C20241010113312NAL0039876802001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$17,301,785
Total liabilities (EOY)
$0
Net assets (EOY)
$17,301,785
Net assets (BOY)
$14,045,819

Income & contributions

Employer contributions
$363,317
Participant contributions
$804,807
Total contributions
$1,197,059
Total income / additions
$3,766,629

Expenses & distributions

Benefits paid
$464,490
Administrative expenses
$46,173
Total expenses
$510,663
Net increase / (decrease)
$3,255,966

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Carolina Wealth Management, Inc.ADVISOR$36,000not reported in the loaded dataset2023
Newport Group, Inc.RECORD-KEEPER$6,150$02023

Related Form 5500 pages