Banner Elk, NC Form 5500 retirement and benefit plan filings

City Form 5500 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, Banner Elk, NC has 9 loaded benefit plan(s) reported by 6 plan sponsor(s), with $40,402,140 in total reported end-of-year plan assets across loaded filings. The latest loaded Form 5500 filing year is 2023.

Loaded plans
9
Plan sponsors
6
Latest filing year
2023

Reported financial aggregate (2023)

Reported net position

Total reported assets (EOY)
$40,402,140
Total reported liabilities (EOY)
$0
Total reported net assets (EOY)
$40,402,140

Contributions & income

Employer contributions
$1,017,288
Participant contributions
$1,087,275
Total income / additions
$6,549,390

Expenses & distributions

Benefits paid / distributions
$3,568,662
Total expenses
$3,604,838
Net increase / (decrease)
$2,944,552

Coverage

Total reported participants
1,390
Plans with financial statements
6
Plans with provider compensation
3

Totals sum the latest loaded 2023 public Form 5500 filing per plan for Banner Elk, NC plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Largest loaded plans by reported assets

Largest loaded plans in Banner Elk, NC
PlanSponsorReported assets (EOY)Year
The Mast General Store, Inc. 401(K) Retirement PlanThe Mast General Store, Inc.$15,214,8202023
Lees-Mcrae College 403(B) Retirement PlanLees-Mcrae College, Inc.$14,714,8062023
The Mast General Store, Inc. Employee Stock Ownership PlanThe Mast General Store, Inc.$8,557,5052023
Alpine Ski Center Retirement PlanAlpine Ski Center Inc$1,658,6912023
The Barlow Inc. 401(K) PlanThe Barlow Inc.$190,1832023
Townsend Valle Corp. 401(K) Profit Sharing PlanTownsend Valle Corp.$66,1352023
Elk River Club Employee Benefit PlanElk River Clubnot reported in the loaded dataset2023
Lees-Mcrae College, Inc. Long Term Disability PlanLees-Mcrae Ltd Plannot reported in the loaded dataset2023
Health Care Plan Of Lees-Mcrae CollegeLees-Mcrae Collegenot reported in the loaded dataset2023

Related Form 5500 pages