Channeladvisor Corporation 401(K) Profit Sharing Plan — Form 5500 plan (Channeladvisor Corporation)
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, Channeladvisor Corporation 401(K) Profit Sharing Plan is a benefit plan reported by Channeladvisor Corporation under EIN 56-2257867 and plan number 001. The latest loaded filing year is 2023. The filing reports 683 participants and $48,812,589 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Channeladvisor Corporation
- EIN
- 56-2257867
- Plan number
- 001
- Plan type
- 2
- Location
- Morrisville, NC
- Latest filing year
- 2023
- Participants
- 683
- End-of-year plan assets
- $48,812,589
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 683 | H, C | 20241003111302NAL0016933776001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $48,812,589
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $48,812,589
- Net assets (BOY)
- $43,541,268
Income & contributions
- Employer contributions
- $1,189,808
- Participant contributions
- $3,773,656
- Total contributions
- $5,035,284
- Total income / additions
- $13,545,469
Expenses & distributions
- Benefits paid
- $8,146,781
- Administrative expenses
- $95,944
- Total expenses
- $8,274,148
- Net increase / (decrease)
- $5,271,321
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $95,944 | $0 | 2023 |