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, T.L. Cannon 401(K) Plan is a benefit plan reported by T.L. Cannon Corporation under EIN 59-3005084 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,662 participants and $17,919,907 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $17,919,907
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,919,907
- Net assets (BOY)
- $15,468,935
Income & contributions
- Employer contributions
- $153,401
- Participant contributions
- $909,057
- Total contributions
- $1,079,290
- Total income / additions
- $3,481,756
Expenses & distributions
- Benefits paid
- $961,681
- Administrative expenses
- $2,725
- Total expenses
- $1,030,784
- Net increase / (decrease)
- $2,450,972