North Carolina Wesleyan University Retirement Plan — Form 5500 plan (North Carolina Wesleyan University)
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, North Carolina Wesleyan University Retirement Plan is a benefit plan reported by North Carolina Wesleyan University under EIN 56-0686603 and plan number 001. The latest loaded filing year is 2023. The filing reports 401 participants and $26,516,952 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- North Carolina Wesleyan University
- EIN
- 56-0686603
- Plan number
- 001
- Plan type
- 2
- Location
- Rocky Mount, NC
- Latest filing year
- 2023
- Participants
- 401
- End-of-year plan assets
- $26,516,952
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 401 | H, C | 20240717073854NAL0002356019001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $26,516,952
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,516,952
- Net assets (BOY)
- $23,414,300
Income & contributions
- Employer contributions
- $481,352
- Participant contributions
- $520,304
- Total contributions
- $1,017,676
- Total income / additions
- $4,525,209
Expenses & distributions
- Benefits paid
- $1,390,215
- Administrative expenses
- $32,342
- Total expenses
- $1,422,557
- Net increase / (decrease)
- $3,102,652
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Kestra Advisory Services, LLC | ADVISOR | $18,750 | not reported in the loaded dataset | 2023 |
| Tiaa | RECORDKEEPER | $8,674 | $0 | 2023 |
| Flexpath Strategies, LLC | ADVISOR PARTICIPANT | $3,774 | not reported in the loaded dataset | 2023 |