Crescent Industries, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Crescent 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, Crescent Industries, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Crescent Industries, Inc. under EIN 23-1497579 and plan number 001. The latest loaded filing year is 2023. The filing reports 176 participants and $9,965,605 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Crescent Industries, Inc.
EIN
23-1497579
Plan number
001
Plan type
2
Location
New Freedom, PA
Latest filing year
2023
Participants
176
End-of-year plan assets
$9,965,605

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023176H, C20241014183957NAL0045668960001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$9,965,605
Total liabilities (EOY)
$0
Net assets (EOY)
$9,965,605
Net assets (BOY)
$8,431,662

Income & contributions

Participant contributions
$561,662
Total contributions
$575,518
Total income / additions
$1,843,071

Expenses & distributions

Benefits paid
$252,043
Administrative expenses
$57,085
Total expenses
$309,128
Net increase / (decrease)
$1,533,943

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Raymond James Fin Svcs AdvisorsINVESTMENT ADVISORY$31,118not reported in the loaded dataset2023
Empower Annuity Insurance Co. Of AmRECORDKEEPER$25,752$02023
Blue Ridge Esop AssociatesCONTRACT ADMIN$1,768$8,8902023

Related Form 5500 pages