Chancelight Inc 401k Profit Sharing Plan & Trust — Form 5500 plan (Chancelight, 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, Chancelight Inc 401k Profit Sharing Plan & Trust is a benefit plan reported by Chancelight, Inc. under EIN 52-2185876 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,576 participants and $22,298,202 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Chancelight, Inc.
EIN
52-2185876
Plan number
001
Plan type
2
Location
Brentwood, TN
Latest filing year
2023
Participants
1,576
End-of-year plan assets
$22,298,202

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,576H, C20240925115651NAL0029003890001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$22,298,202
Total liabilities (EOY)
$0
Net assets (EOY)
$22,298,202
Net assets (BOY)
$19,056,383

Income & contributions

Employer contributions
$305,560
Participant contributions
$1,498,202
Total contributions
$2,056,634
Total income / additions
$5,544,368

Expenses & distributions

Benefits paid
$2,097,708
Administrative expenses
$203,492
Total expenses
$2,302,549
Net increase / (decrease)
$3,241,819

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Raymond James Financial ServicesSERVICE PROVIDER$0$51,4532023
Access Retirement Services, LLCTHIRD PARTY ADMINISTRATO$0$11,9312023

Related Form 5500 pages