2023 Form 5500 filing — Coastal Specialty Forest Products, Inc. 401(K) 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 20241015103027NAL0028067857001) for Coastal Specialty Forest Products, Inc. 401(K) Profit Sharing Plan, reported by Coastal Specialty Forest Products, Inc. under EIN 02-0368547 and plan number 001. It reports 169 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)$12MReported net assets$12,001,380
Participants169
Provider compensation$62.4K4 Schedule C row(s)$62,381
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015103027NAL0028067857001
Plan sponsor
Coastal Specialty Forest Products, Inc.
EIN
02-0368547
Plan number
001
Location
Bow, NH
Received date
not reported in the loaded dataset
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)$12M total assets
Net assets$12MLiabilities$0
Money in vs. money out
Total income / additions$3.3M
Total expenses$1.8M
Benefits paid / distributions$1.7M
Contributions
Employer$435K
Participant$890.5K
Full reported line items
Total assets (EOY)
$12,001,380
Total liabilities (EOY)
$0
Net assets (EOY)
$12,001,380
Employer contributions
$434,952
Participant contributions
$890,485
Total income / additions
$3,317,815
Benefits paid
$1,715,578
Administrative expenses
$50,640
Total expenses
$1,766,218
Net increase / (decrease)
$1,551,597

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Empower Annuity Insurance CompanyRECORDKEEPER$30,286$0
Massachusetts Mutual Life Ins CompBROKER/ADVISER$0$19,736
Nbt Bank Na Dba Third Party AdminisCONTRACT ADMIN$9,310$0
Empower Advisory Group, LLCINVESTMENT MANAGEMENT$3,049$0

Related Form 5500 pages