Earl W. Colvard, Inc. Savings Plan — Form 5500 plan (Earl W. Colvard, Inc.)
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, Earl W. Colvard, Inc. Savings Plan is a benefit plan reported by Earl W. Colvard, Inc. under EIN 59-2183177 and plan number 001. The latest loaded filing year is 2023. The filing reports 596 participants and $20,358,056 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Earl W. Colvard, Inc.
- EIN
- 59-2183177
- Plan number
- 001
- Plan type
- 2
- Location
- Deland, FL
- Latest filing year
- 2023
- Participants
- 596
- End-of-year plan assets
- $20,358,056
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 596 | H, C | 20240726121758NAL0024372752001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $20,358,056
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,358,056
- Net assets (BOY)
- $17,741,901
Income & contributions
- Employer contributions
- $515,130
- Participant contributions
- $1,709,215
- Total contributions
- $2,350,559
- Total income / additions
- $5,146,835
Expenses & distributions
- Benefits paid
- $2,456,562
- Administrative expenses
- $34,570
- Total expenses
- $2,530,680
- Net increase / (decrease)
- $2,616,155
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Onedigital LLC | FINANCIAL ADVISOR | not reported in the loaded dataset | $30,541 | 2023 |
| Lpl Financial Corporation | FINANCIAL ADVISOR | $0 | $9,118 | 2023 |
| Pension Investors Corp Of Orlando | THIRD PARTY ADMINISTRATO | $0 | $8,921 | 2023 |
| Ifp Securities LLC | FINANCIAL ADVISOR | $0 | $5,929 | 2023 |
| Voya Retirement Insurance & Annuity | RECORDKEEPER | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Earl W. Colvard, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in FL
- 401(k) and benefit plan filings in Deland, FL
- Onedigital LLC — Schedule C compensation
- Lpl Financial Corporation — Schedule C compensation
- Pension Investors Corp Of Orlando — Schedule C compensation
- Ifp Securities LLC — Schedule C compensation
- Voya Retirement Insurance & Annuity — Schedule C compensation