2023 Form 5500 filing — The Mcrae Industries, Inc. Employee Stock Ownership And 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 20250513103526NAL0013295347001) for The Mcrae Industries, Inc. Employee Stock Ownership And Savings Plan, reported by Mcrae Industries, Inc. under EIN 56-0706710 and plan number 001. It reports 523 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)$21.8MReported net assets$21,830,450

Participants523

Provider compensation$57.6K2 Schedule C row(s)$57,569

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20250513103526NAL0013295347001
Plan sponsor: Mcrae Industries, Inc.
EIN: 56-0706710
Plan number: 001
Location: Mt. Gilead, 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)$21.9M total assets

Net assets$21.8MLiabilities$114K

Money in vs. money out

Total income / additions$3.8M

Total expenses$2M

Benefits paid / distributions$1.8M

Contributions

Employer$407.5K

Participant$1.1M

Full reported line items

Total assets (EOY): $21,944,490
Total liabilities (EOY): $114,040
Net assets (EOY): $21,830,450
Employer contributions: $407,463
Participant contributions: $1,057,559
Total income / additions: $3,810,369
Benefits paid: $1,836,051
Administrative expenses: $63,883
Total expenses: $2,007,169
Net increase / (decrease): $1,803,200

Schedule C

Reported service provider compensation

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

1
Pcs Retirement, LLC$32.5K
CONTRACT ADMINISTRATOR · Direct $32.5K
2
Fidelity Bank-Trust Company Of Nort$25.1K
INVESTMENT MANAGER · Direct $25.1K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20250513103526NAL0013295347001 cover?: It is the 2023 Form 5500 filing for The Mcrae Industries, Inc. Employee Stock Ownership And Savings Plan, reported by Mcrae Industries, Inc. (EIN 56-0706710).
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).