Plan5500

Coastal Agrobusiness, Inc. Employee Profit-Sharing Plan — Form 5500 plan (Coastal Agrobusiness, 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, Coastal Agrobusiness, Inc. Employee Profit-Sharing Plan is a benefit plan reported by Coastal Agrobusiness, Inc. under EIN 56-0586507 and plan number 001. The latest loaded filing year is 2023. The filing reports 241 participants and $26,643,667 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Coastal Agrobusiness, Inc.
EIN
56-0586507
Plan number
001
Plan type
2
Location
Greenville, NC
Latest filing year
2023
Participants
241
End-of-year plan assets
$26,643,667

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023241H, C20250708093010NAL0002143651001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$26,643,667
Net assets (EOY)
$26,643,667
Net assets (BOY)
$21,797,510

Income & contributions

Employer contributions
$1,620,873
Total contributions
$1,620,873
Total income / additions
$6,774,958

Expenses & distributions

Benefits paid
$1,869,195
Administrative expenses
$59,606
Total expenses
$1,928,801
Net increase / (decrease)
$4,846,157

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
First Citizens Bank & Trust Companynot reported in the loaded dataset$59,606not reported in the loaded dataset2023

Related Form 5500 pages