2023 Form 5500 filing — Coastal Agrobusiness, Inc. Employee 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 20250708093010NAL0002143651001) for Coastal Agrobusiness, Inc. Employee Profit-Sharing Plan, reported by Coastal Agrobusiness, Inc. under EIN 56-0586507 and plan number 001. It reports 241 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250708093010NAL0002143651001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Coastal Agrobusiness, Inc.
- EIN
- 56-0586507
- Plan number
- 001
- Location
- Greenville, NC
- Participants
- 241
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $26,643,667
- Net assets (EOY)
- $26,643,667
- Employer contributions
- $1,620,873
- Total income / additions
- $6,774,958
- Benefits paid
- $1,869,195
- Administrative expenses
- $59,606
- Total expenses
- $1,928,801
- Net increase / (decrease)
- $4,846,157
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| First Citizens Bank & Trust Company | not reported in the loaded dataset | $59,606 | not reported in the loaded dataset |