Retirement Plan For Employees Of Channellock, Inc — Form 5500 plan (Channellock, 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, Retirement Plan For Employees Of Channellock, Inc is a benefit plan reported by Channellock, Inc. under EIN 25-0399850 and plan number 002. The latest loaded filing year is 2023. The filing reports 424 participants and $41,961,700 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Channellock, Inc.
EIN
25-0399850
Plan number
002
Plan type
2
Location
Meadville, PA
Latest filing year
2023
Participants
424
End-of-year plan assets
$41,961,700

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023424H, C20250409114352NAL0012164435001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$41,961,700
Net assets (EOY)
$41,961,700
Net assets (BOY)
$40,435,857

Income & contributions

Employer contributions
$962,000
Total contributions
$962,000
Total income / additions
$5,599,527

Expenses & distributions

Benefits paid
$3,983,061
Administrative expenses
$90,623
Total expenses
$4,073,684
Net increase / (decrease)
$1,525,843

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Charles Schwab Trust CoNONE$90,623not reported in the loaded dataset2023

Related Form 5500 pages