Cabot Wealth Management, Inc.Profit Sharing Plan — Form 5500 plan (Cabot Wealth Management, 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, Cabot Wealth Management, Inc.Profit Sharing Plan is a benefit plan reported by Cabot Wealth Management, Inc. under EIN 04-2806081 and plan number 001. The latest loaded filing year is 2023. The filing reports 18 participants and $10,993,641 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Cabot Wealth Management, Inc.
- EIN
- 04-2806081
- Plan number
- 001
- Plan type
- 2
- Location
- Salem, MA
- Latest filing year
- 2023
- Participants
- 18
- End-of-year plan assets
- $10,993,641
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 18 | I | 20240509073549NAL0047158944001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $10,993,641
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,993,641
- Net assets (BOY)
- $8,792,328
Income & contributions
- Employer contributions
- $268,986
- Participant contributions
- $253,414
- Total income / additions
- $2,550,651
Expenses & distributions
- Benefits paid
- $349,313
- Administrative expenses
- $25
- Total expenses
- $349,338
- Net increase / (decrease)
- $2,201,313
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.