Coastal Group 401(K) Plan — Form 5500 plan (Coastal Management Services LLC)
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, Coastal Group 401(K) Plan is a benefit plan reported by Coastal Management Services LLC under EIN 81-1525854 and plan number 001. The latest loaded filing year is 2023. The filing reports 286 participants and $4,947,356 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Coastal Management Services LLC
- EIN
- 81-1525854
- Plan number
- 001
- Plan type
- 2
- Location
- Holland, MI
- Latest filing year
- 2023
- Participants
- 286
- End-of-year plan assets
- $4,947,356
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 286 | H, C | 20241003101225NAL0004774147001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,947,356
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,947,356
- Net assets (BOY)
- $3,690,598
Income & contributions
- Employer contributions
- $122,163
- Participant contributions
- $725,850
- Total contributions
- $1,101,634
- Total income / additions
- $1,841,001
Expenses & distributions
- Benefits paid
- $555,067
- Administrative expenses
- $24,890
- Total expenses
- $584,243
- Net increase / (decrease)
- $1,256,758
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Macatawa Bank | TRUSTEE/ RECORDKEEPER | $24,890 | not reported in the loaded dataset | 2023 |