J.C. Steele & Sons,Inc Profit Sharing And Retirement Savings Plan — Form 5500 plan (J.C. Steele And Sons, 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, J.C. Steele & Sons,Inc Profit Sharing And Retirement Savings Plan is a benefit plan reported by J.C. Steele And Sons, Inc. under EIN 56-0495324 and plan number 002. The latest loaded filing year is 2023. The filing reports 148 participants and $26,885,154 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
J.C. Steele And Sons, Inc.
EIN
56-0495324
Plan number
002
Plan type
2
Location
Statesville, NC
Latest filing year
2023
Participants
148
End-of-year plan assets
$26,885,154

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023148H, C20240801073856NAL0013316387001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$26,885,154
Total liabilities (EOY)
$0
Net assets (EOY)
$26,885,154
Net assets (BOY)
$24,026,508

Income & contributions

Employer contributions
$534,746
Participant contributions
$714,772
Total contributions
$1,254,877
Total income / additions
$5,691,159

Expenses & distributions

Benefits paid
$2,771,620
Administrative expenses
$60,893
Total expenses
$2,832,513
Net increase / (decrease)
$2,858,646

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Lincoln National CorporationSERVICE PROVIDER$46,044$02023
Kestra Advisory ServicesSERVICE PROVIDER$14,849not reported in the loaded dataset2023

Related Form 5500 pages