Crossnore School And Children'S Home, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Crossnore Communities For Children, 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, Crossnore School And Children'S Home, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Crossnore Communities For Children, Inc under EIN 56-0567980 and plan number 002. The latest loaded filing year is 2023. The filing reports 354 participants and $9,862,896 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Crossnore Communities For Children, Inc
- EIN
- 56-0567980
- Plan number
- 002
- Plan type
- 2
- Location
- Crossnore, NC
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 354 | H, C | 20250715121203NAL0001297331001 |
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Full reported line items
Net assets
- Total assets (EOY)
- $9,862,896
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,862,896
- Net assets (BOY)
- $8,648,663
Income & contributions
- Employer contributions
- $459,584
- Participant contributions
- $622,194
- Total contributions
- $1,272,045
- Total income / additions
- $3,334,299
Expenses & distributions
- Benefits paid
- $1,128,240
- Administrative expenses
- $61,239
- Total expenses
- $1,192,246
- Net increase / (decrease)
- $2,142,053
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Ins. Company | CONTRACT ADMINISTRATOR | $61,239 | $0 | 2023 |
| Edward Jones | INVESTMENT ADVISORY | $0 | $0 | 2023 |
| Wilshire Associates Inc. | INVESTMENT ADVISORY | $0 | $0 | 2023 |