Channellock, Inc. 401(K) Plan For Bargaining Unit Employees — 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, Channellock, Inc. 401(K) Plan For Bargaining Unit Employees is a benefit plan reported by Channellock, Inc. under EIN 25-0399850 and plan number 005. The latest loaded filing year is 2023. The filing reports 435 participants and $11,517,379 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Channellock, Inc.
- EIN
- 25-0399850
- Plan number
- 005
- Plan type
- 2
- Location
- Meadville, PA
- Latest filing year
- 2023
- Participants
- 435
- End-of-year plan assets
- $11,517,379
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 435 | H, C | 20250424150739NAL0004274275002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,517,379
- Net assets (EOY)
- $11,517,379
- Net assets (BOY)
- $9,759,110
Income & contributions
- Employer contributions
- $306,604
- Participant contributions
- $550,964
- Total contributions
- $871,840
- Total income / additions
- $2,393,695
Expenses & distributions
- Benefits paid
- $573,569
- Administrative expenses
- $61,857
- Total expenses
- $635,426
- Net increase / (decrease)
- $1,758,269
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $29,552 | $0 | 2023 |
| Schaffner, Knight, Minnaugh Company | AUDITOR | $12,525 | $0 | 2023 |
| Definiti LLC | CONTRACT ADMIN | $8,345 | $0 | 2023 |
| Boetger Acquisition Corp | CONTRACT ADMIN | $5,000 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $3,489 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Channellock, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Meadville, PA
- Empower Annuity Insurance Company O — Schedule C compensation
- Schaffner, Knight, Minnaugh Company — Schedule C compensation
- Definiti LLC — Schedule C compensation
- Boetger Acquisition Corp — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation