Community Loans Of America Group 401(K) Plan — Form 5500 plan (Community Loans Of America, 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, Community Loans Of America Group 401(K) Plan is a benefit plan reported by Community Loans Of America, Inc. under EIN 58-2091993 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,088 participants and $10,958,020 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$11MPlan net assets, end of year$10,958,020
Participants1.1KCovered participants reported1,088
Assets / participant$10.1KComputed: assets ÷ participants$10,072 (computed)
Provider compensation$61.2K2 Schedule C provider row(s)$61,229
Plan sponsor
Community Loans Of America, Inc.
EIN
58-2091993
Plan number
001
Plan type
2
Location
Atlanta, GA
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    1,088 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$11M total assets
Net assets$11MLiabilities$0
Money in vs. money out
Total income / additions$2M
Total expenses$872.6K
Benefits paid / distributions$771.2K
Contributions
EmployerNot reported
Participant$777.9K
Full reported line items

Net assets

Total assets (EOY)
$10,958,020
Total liabilities (EOY)
$0
Net assets (EOY)
$10,958,020
Net assets (BOY)
$9,824,729

Income & contributions

Participant contributions
$777,873
Total contributions
$777,873
Total income / additions
$2,005,900

Expenses & distributions

Benefits paid
$771,237
Administrative expenses
$61,210
Total expenses
$872,609
Net increase / (decrease)
$1,133,291
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income38%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    CONTRACT ADMINISTRATOR · Direct $35.9K · Indirect $0
  2. 2
    INVESTMENT ADVISORY · Direct $25.3K · Indirect $19

Related Form 5500 pages