2023 Form 5500 filing — Tar Heel Capital Corporation No. 2 Employees Savings Plus 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 20250923101330NAL0007823379001) for Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan, reported by Tar Heel Capital Corporation No. 2 under EIN 62-1016897 and plan number 001. It reports 915 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)$7.9MReported net assets$7,868,379
Participants915
Provider compensation$25.9K1 Schedule C row(s)$25,858
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20250923101330NAL0007823379001
- Plan sponsor
- Tar Heel Capital Corporation No. 2
- EIN
- 62-1016897
- Plan number
- 001
- Location
- Boone, NC
- 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)$7.9M total assets
Net assets$7.9MLiabilities$0
Full reported line items
- Total assets (EOY)
- $7,868,379
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,868,379
- Employer contributions
- $113,783
- Participant contributions
- $347,720
- Total income / additions
- $1,273,837
- Benefits paid
- $752,782
- Administrative expenses
- $25,858
- Total expenses
- $778,640
- Net increase / (decrease)
- $495,197
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| American Trust Company | CONTRACT ADMINISTRATOR | $25,858 | $0 |