2023 Form 5500 filing — Earl W. Colvard, Inc. Savings Plan
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 20240726121758NAL0024372752001) for Earl W. Colvard, Inc. Savings Plan, reported by Earl W. Colvard, Inc. under EIN 59-2183177 and plan number 001. It reports 596 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240726121758NAL0024372752001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Earl W. Colvard, Inc.
- EIN
- 59-2183177
- Plan number
- 001
- Location
- Deland, FL
- Participants
- 596
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,358,056
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,358,056
- Employer contributions
- $515,130
- Participant contributions
- $1,709,215
- Total income / additions
- $5,146,835
- Benefits paid
- $2,456,562
- Administrative expenses
- $34,570
- Total expenses
- $2,530,680
- Net increase / (decrease)
- $2,616,155
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Onedigital LLC | FINANCIAL ADVISOR | not reported in the loaded dataset | $30,541 |
| Lpl Financial Corporation | FINANCIAL ADVISOR | $0 | $9,118 |
| Pension Investors Corp Of Orlando | THIRD PARTY ADMINISTRATO | $0 | $8,921 |
| Ifp Securities LLC | FINANCIAL ADVISOR | $0 | $5,929 |
| Voya Retirement Insurance & Annuity | RECORDKEEPER | $0 | $0 |