Cannon Corporation 401(K) Profit Sharing Plan — Form 5500 plan (Cannon Corporation)

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, Cannon Corporation 401(K) Profit Sharing Plan is a benefit plan reported by Cannon Corporation under EIN 77-0246249 and plan number 001. The latest loaded filing year is 2023. The filing reports 172 participants and $19,145,854 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Cannon Corporation
EIN
77-0246249
Plan number
001
Plan type
2
Location
San Luis Obispo, CA
Latest filing year
2023
Participants
172
End-of-year plan assets
$19,145,854

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023172H, C20240924124933NAL0012789393001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$19,145,854
Total liabilities (EOY)
$0
Net assets (EOY)
$19,145,854
Net assets (BOY)
$15,103,665

Income & contributions

Employer contributions
$354,668
Participant contributions
$1,331,108
Total contributions
$1,870,256
Total income / additions
$4,552,004

Expenses & distributions

Benefits paid
$468,122
Administrative expenses
$41,693
Total expenses
$509,815
Net increase / (decrease)
$4,042,189

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Nielsen Benefits & RetirementOTHER$14,068not reported in the loaded dataset2023
Nielsen Insurance Group IncSERVICE PROVIDER$13,196not reported in the loaded dataset2023
The Ryding CompanyTPA$0$7,9782023
MorningstarINVESTMENT ADVISORY$4,430$2,0222023
Voya Retirement Insurance And AnnuiSERVICE PROVIDER$0$02023

Related Form 5500 pages