2023 Form 5500 filing — Chesapeake Financial Shares, Inc. 401k Profit Sharing 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 20240814150016NAL0025783570001) for Chesapeake Financial Shares, Inc. 401k Profit Sharing Plan, reported by Chesapeake Financial Shares, Inc. under EIN 54-1210845 and plan number 003. It reports 307 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)$35.4MReported net assets$35,435,067

Participants307

Provider compensation$117K2 Schedule C row(s)$116,996

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20240814150016NAL0025783570001
Plan sponsor: Chesapeake Financial Shares, Inc.
EIN: 54-1210845
Plan number: 003
Location: Kilmarnock, VA
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)$35.4M total assets

Net assets$35.4MLiabilities$0

Money in vs. money out

Total income / additions$8M

Total expenses$3M

Benefits paid / distributions$2.9M

Contributions

Employer$862.9K

Participant$1.8M

Full reported line items

Total assets (EOY): $35,435,067
Total liabilities (EOY): $0
Net assets (EOY): $35,435,067
Employer contributions: $862,900
Participant contributions: $1,761,069
Total income / additions: $7,967,386
Benefits paid: $2,947,727
Administrative expenses: $82,187
Total expenses: $3,029,914
Net increase / (decrease): $4,937,472

Schedule C

Reported service provider compensation

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

1
Voya Retirement Insurance & Annuity$81.7K
RECORDKEEPER · Direct $81.7K · Indirect $0
2
Sageview Advisory Group, LLC$35.3K
SERVICE PROVIDER · Direct $0 · Indirect $35.3K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240814150016NAL0025783570001 cover?: It is the 2023 Form 5500 filing for Chesapeake Financial Shares, Inc. 401k Profit Sharing Plan, reported by Chesapeake Financial Shares, Inc. (EIN 54-1210845).
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).