Cardinal Industrial Finishes Profit Sharing And Employee Savings Plan — Form 5500 plan (Cardinal Industrial Finishes)

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, Cardinal Industrial Finishes Profit Sharing And Employee Savings Plan is a benefit plan reported by Cardinal Industrial Finishes under EIN 95-1730123 and plan number 001. The latest loaded filing year is 2023. The filing reports 470 participants and $23,587,441 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$23.6MPlan net assets, end of year$23,587,441
Participants470Covered participants reported
Assets / participant$50.2KComputed: assets ÷ participants$50,186 (computed)
Provider compensation$3.5K1 Schedule C provider row(s)$3,519
Plan sponsor
Cardinal Industrial Finishes
EIN
95-1730123
Plan number
001
Plan type
2
Location
South El Monte, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023470H, C20241014110819NAL0053241986001
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)$23.6M total assets
Net assets$23.6MLiabilities$0
Money in vs. money out
Total income / additions$5.2M
Total expenses$6.7M
Benefits paid / distributions$6.7M
Contributions
Employer$590K
Participant$727.6K
Full reported line items

Net assets

Total assets (EOY)
$23,587,441
Total liabilities (EOY)
$0
Net assets (EOY)
$23,587,441
Net assets (BOY)
$25,051,629

Income & contributions

Employer contributions
$590,000
Participant contributions
$727,602
Total contributions
$1,328,744
Total income / additions
$5,201,386

Expenses & distributions

Benefits paid
$6,660,070
Administrative expenses
$3,519
Total expenses
$6,665,574
Net increase / (decrease)
-$1,464,188
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.

Contribution share (employer vs. participant)
Employer 45%Participant 55%
Total expenses ÷ net assets28%Computed ratio
Benefits paid ÷ total income128%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$3,519$02023

Related Form 5500 pages