Who sponsors the Mount Olive Pickle Company, Inc. Profit Sharing And Savings Plan?

Mount Olive Pickle Company, Inc. Profit Sharing And Savings Plan is reported as sponsored by Mount Olive Pickle Company, Inc. (EIN 56-0331940, plan number 001) in public Form 5500 filings.

What is the most recent Form 5500 filing year for Mount Olive Pickle Company, Inc. Profit Sharing And Savings Plan?

The latest Form 5500 filing year loaded for Mount Olive Pickle Company, Inc. Profit Sharing And Savings Plan is 2023.

How many participants does Mount Olive Pickle Company, Inc. Profit Sharing And Savings Plan report?

Mount Olive Pickle Company, Inc. Profit Sharing And Savings Plan reports 1,614 participants in its latest loaded Form 5500 filing.

What are the reported plan assets for Mount Olive Pickle Company, Inc. Profit Sharing And Savings Plan?

Mount Olive Pickle Company, Inc. Profit Sharing And Savings Plan reports $79,450,814 in end-of-year plan assets in its latest loaded Form 5500 filing.

Mount Olive Pickle Company, Inc. Profit Sharing And Savings Plan — Form 5500 plan (Mount Olive Pickle Company, 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, Mount Olive Pickle Company, Inc. Profit Sharing And Savings Plan is a benefit plan reported by Mount Olive Pickle Company, Inc. under EIN 56-0331940 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,614 participants and $79,450,814 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$79.5MPlan net assets, end of year$79,450,814

Participants1.6KCovered participants reported1,614

Assets / participant$49.2KComputed: assets ÷ participants$49,226 (computed)

Provider compensation$131.1K1 Schedule C provider row(s)$131,131

Plan sponsor: Mount Olive Pickle Company, Inc.
EIN: 56-0331940
Plan number: 001
Plan type: 2
Location: Mount Olive, NC
Latest filing year: 2023

Form 5500 filing history

Filings loaded for this plan
Filing year	Participants	Schedules	Filing
2023	1,614	H, C	20250923120457NAL0007970627001

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)$79.5M total assets

Net assets$79.5MLiabilities$0

Money in vs. money out

Total income / additions$15.9M

Total expenses$9.3M

Benefits paid / distributions$9.2M

Contributions

Employer$4.3M

Participant$2.6M

Full reported line items

Net assets

Total assets (EOY): $79,450,814
Total liabilities (EOY): $0
Net assets (EOY): $79,450,814
Net assets (BOY): $72,886,206

Income & contributions

Employer contributions: $4,288,052
Participant contributions: $2,591,597
Total contributions: $7,076,479
Total income / additions: $15,856,028

Expenses & distributions

Benefits paid: $9,158,927
Administrative expenses: $131,132
Total expenses: $9,291,420
Net increase / (decrease): $6,564,608

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.

Contribution share (employer vs. participant)

62%38%

Employer 62%Participant 38%

Total expenses ÷ net assets12%Computed ratio

Benefits paid ÷ total income58%Computed ratio

Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
Provider	Service	Direct comp.	Indirect comp.	Year
Principal Life Insurance Company	CONTRACT ADMINISTRATOR	$131,131	$0	2023