J.P. Thomas & Company 401(K) Plan — Form 5500 plan (J.P. Thomas & 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, J.P. Thomas & Company 401(K) Plan is a benefit plan reported by J.P. Thomas & Company under EIN 56-1499103 and plan number 001. The latest loaded filing year is 2023. The filing reports 300 participants and $3,424,259 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- J.P. Thomas & Company
- EIN
- 56-1499103
- Plan number
- 001
- Plan type
- 2
- Location
- Asheboro, NC
- Latest filing year
- 2023
- Participants
- 300
- End-of-year plan assets
- $3,424,259
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 300 | H, C | 20241015133928NAL0016510243001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,424,259
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,424,259
- Net assets (BOY)
- $2,621,288
Income & contributions
- Employer contributions
- $112,366
- Participant contributions
- $393,447
- Total contributions
- $505,813
- Total income / additions
- $1,008,504
Expenses & distributions
- Benefits paid
- $169,175
- Administrative expenses
- $36,358
- Total expenses
- $205,533
- Net increase / (decrease)
- $802,971
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $24,982 | $0 | 2023 |
| Gordon Asset Management, LLC | INVESTMENT/FINANCIAL ADVI | $11,375 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |