Cives Corporation Employee Stock Ownership Plan — Form 5500 plan (Cives Corporation)
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, Cives Corporation Employee Stock Ownership Plan is a benefit plan reported by Cives Corporation under EIN 16-0955800 and plan number 201. The latest loaded filing year is 2023. The filing reports 965 participants and $71,092,741 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$71.1MPlan net assets, end of year$71,082,257
Participants965Covered participants reported
Assets / participant$73.7KComputed: assets ÷ participants$73,671 (computed)
Provider compensation$32.3K3 Schedule C provider row(s)$32,250
- Plan sponsor
- Cives Corporation
- EIN
- 16-0955800
- Plan number
- 201
- Plan type
- 2
- Location
- Alpharetta, GA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 965 | H, C | 20241014074826NAL0012984243001 |
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)$71.1M total assets
Net assets$71.1MLiabilities$10.5K
Full reported line items
Net assets
- Total assets (EOY)
- $71,092,741
- Total liabilities (EOY)
- $10,484
- Net assets (EOY)
- $71,082,257
- Net assets (BOY)
- $70,285,932
Income & contributions
- Employer contributions
- $2,555,410
- Total contributions
- $2,555,410
- Total income / additions
- $5,653,659
Expenses & distributions
- Benefits paid
- $4,810,417
- Administrative expenses
- $46,917
- Total expenses
- $4,857,334
- Net increase / (decrease)
- $796,325
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income85%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $24,383 | $0 | 2023 |
| Hazard & Siegel, Inc. | OTHER SERVICES | $0 | $5,259 | 2023 |
| Hazard & Siegel Agency, LLC | OTHER SERVICES | $0 | $2,608 | 2023 |