Cranfill Sumner Llp 401k Plan — Form 5500 plan (Cranfill Sumner Llp)
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, Cranfill Sumner Llp 401k Plan is a benefit plan reported by Cranfill Sumner Llp under EIN 56-1211481 and plan number 001. The latest loaded filing year is 2023. The filing reports 216 participants and $55,812,585 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Cranfill Sumner Llp
- EIN
- 56-1211481
- Plan number
- 001
- Plan type
- 2
- Location
- Raleigh, NC
- Latest filing year
- 2023
- Participants
- 216
- End-of-year plan assets
- $55,812,585
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 216 | H, C | 20240730101635NAL0013270803001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $55,812,585
- Total liabilities (EOY)
- $51,624
- Net assets (EOY)
- $55,760,961
- Net assets (BOY)
- $48,005,078
Income & contributions
- Employer contributions
- $770,977
- Participant contributions
- $1,369,671
- Total contributions
- $2,319,047
- Total income / additions
- $9,758,987
Expenses & distributions
- Benefits paid
- $1,935,820
- Administrative expenses
- $67,284
- Total expenses
- $2,003,104
- Net increase / (decrease)
- $7,755,883
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Guardian Wealth Partners Llp | FINANCIAL ADVISOR | $40,100 | not reported in the loaded dataset | 2023 |
| Mvp Plan Administrators, Inc. | RECORDKEEPER | $27,184 | not reported in the loaded dataset | 2023 |
| Charles Schwab Trust Bank | CUSTODIAN | $0 | $0 | 2023 |