Caffey Distributing Company, Inc. Retirement Savings Plan — Form 5500 plan (Caffey Distributing 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, Caffey Distributing Company, Inc. Retirement Savings Plan is a benefit plan reported by Caffey Distributing Company, Inc. under EIN 56-0732444 and plan number 002. The latest loaded filing year is 2023. The filing reports 612 participants and $14,965,821 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$15MPlan net assets, end of year$14,965,821
Participants612Covered participants reported
Assets / participant$24.5KComputed: assets ÷ participants$24,454 (computed)
Provider compensation$69.2K3 Schedule C provider row(s)$69,163
Plan sponsor
Caffey Distributing Company, Inc.
EIN
56-0732444
Plan number
002
Plan type
3
Location
Greensboro, NC
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023612H, C20241014130831NAL0026225505001
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)$15M total assets
Net assets$15MLiabilities$0
Money in vs. money out
Total income / additions$3.6M
Total expenses$1.3M
Benefits paid / distributions$1M
Contributions
Employer$292.4K
Participant$1.1M
Full reported line items

Net assets

Total assets (EOY)
$14,965,821
Total liabilities (EOY)
$0
Net assets (EOY)
$14,965,821
Net assets (BOY)
$12,591,454

Income & contributions

Employer contributions
$292,404
Participant contributions
$1,077,540
Total contributions
$1,449,290
Total income / additions
$3,637,911

Expenses & distributions

Benefits paid
$1,044,094
Administrative expenses
$69,163
Total expenses
$1,263,544
Net increase / (decrease)
$2,374,367
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)
Employer 21%Participant 79%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income29%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$49,163$02023
Davenport & Company,LLCCONTRACT ADMINISTRATOR$20,000not reported in the loaded dataset2023
Morningstar Investment Management LINV ADV, PARTICIPANTS$0$02023

Related Form 5500 pages