2023 Form 5500 filing — Retirement Plan For Employees Of Channellock, Inc
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 20250409114352NAL0012164435001) for Retirement Plan For Employees Of Channellock, Inc, reported by Channellock, Inc. under EIN 25-0399850 and plan number 002. It reports 424 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250409114352NAL0012164435001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Channellock, Inc.
- EIN
- 25-0399850
- Plan number
- 002
- Location
- Meadville, PA
- Participants
- 424
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $41,961,700
- Net assets (EOY)
- $41,961,700
- Employer contributions
- $962,000
- Total income / additions
- $5,599,527
- Benefits paid
- $3,983,061
- Administrative expenses
- $90,623
- Total expenses
- $4,073,684
- Net increase / (decrease)
- $1,525,843
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Charles Schwab Trust Co | NONE | $90,623 | not reported in the loaded dataset |