Crossroads Community Services Board - Profit Sharing Plan — Form 5500 plan (Crossroads Community Services Board)
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, Crossroads Community Services Board - Profit Sharing Plan is a benefit plan reported by Crossroads Community Services Board under EIN 54-0988560 and plan number 001. The latest loaded filing year is 2023. The filing reports 207 participants and $8,613,459 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$8.6MPlan net assets, end of year$8,613,459
Participants207Covered participants reported
Assets / participant$41.6KComputed: assets ÷ participants$41,611 (computed)
Provider compensation$79.6K3 Schedule C provider row(s)$79,611
- Plan sponsor
- Crossroads Community Services Board
- EIN
- 54-0988560
- Plan number
- 001
- Plan type
- 2
- Location
- Farmville, VA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 207 | H, C | 20250307082036NAL0007116627001 |
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)$8.6M total assets
Net assets$8.6MLiabilities—
Full reported line items
Net assets
- Total assets (EOY)
- $8,613,459
- Net assets (EOY)
- $8,613,459
- Net assets (BOY)
- $8,203,633
Income & contributions
- Employer contributions
- $464,278
- Total contributions
- $464,278
- Total income / additions
- $1,425,073
Expenses & distributions
- Benefits paid
- $966,471
- Administrative expenses
- $48,776
- Total expenses
- $1,015,247
- Net increase / (decrease)
- $409,826
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 assets12%Computed ratio
Benefits paid ÷ total income68%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $48,776 | $0 | 2023 |
| Benefit Fiduaciary Group LLC | INVESTMENT ADVISORY | $0 | $20,835 | 2023 |
| Harris, Harvey, Neal & Co., Llp | ACCOUNTANT | $0 | $10,000 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Crossroads Community Services Board
- 2023 Form 5500 filing
- Form 5500 filings in VA
- 401(k) and benefit plan filings in Farmville, VA
- Principal Life Insurance Company — Schedule C compensation
- Benefit Fiduaciary Group LLC — Schedule C compensation
- Harris, Harvey, Neal & Co., Llp — Schedule C compensation