Cheerwine 401(K) Profit Sharing Plan — Form 5500 plan (Piedmont Cheerwine Bottling Company)
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, Cheerwine 401(K) Profit Sharing Plan is a benefit plan reported by Piedmont Cheerwine Bottling Company under EIN 56-0887444 and plan number 001. The latest loaded filing year is 2023. The filing reports 382 participants and $17,664,895 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Piedmont Cheerwine Bottling Company
- EIN
- 56-0887444
- Plan number
- 001
- Plan type
- 3
- Location
- Salisbury, NC
- Latest filing year
- 2023
- Participants
- 382
- End-of-year plan assets
- $17,664,895
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 382 | H, C | 20240925080142NAL0013989201001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $17,664,895
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,664,895
- Net assets (BOY)
- $14,530,585
Income & contributions
- Employer contributions
- $626,200
- Participant contributions
- $1,194,835
- Total contributions
- $1,997,783
- Total income / additions
- $4,485,344
Expenses & distributions
- Benefits paid
- $1,282,800
- Administrative expenses
- $66,155
- Total expenses
- $1,351,034
- Net increase / (decrease)
- $3,134,310
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $42,368 | $0 | 2023 |
| Mma Securities | ADVISOR | $10,000 | not reported in the loaded dataset | 2023 |
| Lpl Financial LLC | ADVISOR | $10,000 | not reported in the loaded dataset | 2023 |