2023 Form 5500 filing — Sherrill, Inc. 401(K) Profit Sharing Plan & Trust

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240718163518NAL0012490434001) for Sherrill, Inc. 401(K) Profit Sharing Plan & Trust, reported by Sherrill, Inc. under EIN 56-0961953 and plan number 001. It reports 332 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$10.6MReported net assets$10,626,691
Participants332
Provider compensation$55.8K2 Schedule C row(s)$55,806
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240718163518NAL0012490434001
Plan sponsor
Sherrill, Inc.
EIN
56-0961953
Plan number
001
Location
Greensboro, NC
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$10.6M total assets
Net assets$10.6MLiabilities$0
Money in vs. money out
Total income / additions$2.9M
Total expenses$531K
Benefits paid / distributions$474.1K
Contributions
Employer$380.9K
Participant$960.1K
Full reported line items
Total assets (EOY)
$10,626,691
Total liabilities (EOY)
$0
Net assets (EOY)
$10,626,691
Employer contributions
$380,911
Participant contributions
$960,084
Total income / additions
$2,920,079
Benefits paid
$474,147
Administrative expenses
$56,881
Total expenses
$531,028
Net increase / (decrease)
$2,389,051
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    INVESTMENT ADVISORY · Direct $35.5K
  2. 2
    RECORDKEEPER · Direct $20.3K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240718163518NAL0012490434001 cover?
It is the 2023 Form 5500 filing for Sherrill, Inc. 401(K) Profit Sharing Plan & Trust, reported by Sherrill, Inc. (EIN 56-0961953).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages