First Colony Mortgage Corp. Profit Sharing Plan — Form 5500 plan (First Colony Mortgage Corp.)
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, First Colony Mortgage Corp. Profit Sharing Plan is a benefit plan reported by First Colony Mortgage Corp. under EIN 87-0415314 and plan number 001. The latest loaded filing year is 2023. The filing reports 302 participants and $20,452,598 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First Colony Mortgage Corp.
- EIN
- 87-0415314
- Plan number
- 001
- Plan type
- 2
- Location
- Orem, UT
- Latest filing year
- 2023
- Participants
- 302
- End-of-year plan assets
- $20,452,598
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 302 | H, C | 20241008102554NAL0017398929001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $20,452,598
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,452,598
- Net assets (BOY)
- $17,233,510
Income & contributions
- Employer contributions
- $307,115
- Participant contributions
- $1,532,917
- Total contributions
- $2,551,120
- Total income / additions
- $5,526,470
Expenses & distributions
- Benefits paid
- $2,190,293
- Administrative expenses
- $117,089
- Total expenses
- $2,307,382
- Net increase / (decrease)
- $3,219,088
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $101,874 | $0 | 2023 |
| Resources Investment Advisors | INVESTMENT ADVISORY | $0 | $56,465 | 2023 |