Chf Industries, Inc. Retirement Savings Plan — Form 5500 plan (Chf Industries Inc)

Plain-English plan 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, Chf Industries, Inc. Retirement Savings Plan is a benefit plan reported by Chf Industries Inc under EIN 01-0671659 and plan number 003. The latest loaded filing year is 2023. The filing reports 198 participants and $23,428,828 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$23.4MPlan net assets, end of year$23,428,828
Participants198Covered participants reported
Assets / participant$118.3KComputed: assets ÷ participants$118,327 (computed)
Provider compensation$32.5K2 Schedule C provider row(s)$32,453
Plan sponsor
Chf Industries Inc
EIN
01-0671659
Plan number
003
Plan type
2
Location
Charlotte, NC
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023198H, C20240927123233NAL0002278513001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$23.4M total assets
Net assets$23.4MLiabilities$0
Money in vs. money out
Total income / additions$5.6M
Total expenses$918.1K
Benefits paid / distributions$912.6K
Contributions
Employer$191.1K
Participant$886.5K
Full reported line items

Net assets

Total assets (EOY)
$23,428,828
Total liabilities (EOY)
$0
Net assets (EOY)
$23,428,828
Net assets (BOY)
$18,762,674

Income & contributions

Employer contributions
$191,080
Participant contributions
$886,479
Total contributions
$2,601,598
Total income / additions
$5,584,278

Expenses & distributions

Benefits paid
$912,624
Administrative expenses
$5,500
Total expenses
$918,124
Net increase / (decrease)
$4,666,154

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Lincoln Financial Advisors CorporatOTHER SERVICES$0$26,8592023
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$5,594$02023

Related Form 5500 pages