Abccm Profit Sharing Plan And Trust — Form 5500 plan (Asheville-Buncombe Community Christian Ministry)

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, Abccm Profit Sharing Plan And Trust is a benefit plan reported by Asheville-Buncombe Community Christian Ministry under EIN 56-0945001 and plan number 001. The latest loaded filing year is 2023. The filing reports 167 participants and $1,899,112 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.9MPlan net assets, end of year$1,899,112
Participants167Covered participants reported
Assets / participant$11.4KComputed: assets ÷ participants$11,372 (computed)
Provider compensationNone reported
Plan sponsor
Asheville-Buncombe Community Christian Ministry
EIN
56-0945001
Plan number
001
Plan type
2
Location
Asheville, NC
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023167H20241023195940NAL0004012465001
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)$1.9M total assets
Net assets$1.9MLiabilities$0
Money in vs. money out
Total income / additions$426.4K
Total expenses$50K
Benefits paid / distributions$50K
Contributions
Employer$124.2K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$1,899,112
Total liabilities (EOY)
$0
Net assets (EOY)
$1,899,112
Net assets (BOY)
$1,522,655

Income & contributions

Employer contributions
$124,216
Total contributions
$124,216
Total income / additions
$426,434

Expenses & distributions

Benefits paid
$49,977
Administrative expenses
$0
Total expenses
$49,977
Net increase / (decrease)
$376,457

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages