Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan — Form 5500 plan (Tar Heel Capital Corporation No. 2)
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, Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan is a benefit plan reported by Tar Heel Capital Corporation No. 2 under EIN 62-1016897 and plan number 001. The latest loaded filing year is 2023. The filing reports 915 participants and $7,868,379 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Tar Heel Capital Corporation No. 2
- EIN
- 62-1016897
- Plan number
- 001
- Plan type
- 2
- Location
- Boone, NC
- Latest filing year
- 2023
- Participants
- 915
- End-of-year plan assets
- $7,868,379
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 915 | H, C | 20250923101330NAL0007823379001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,868,379
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,868,379
- Net assets (BOY)
- $7,373,182
Income & contributions
- Employer contributions
- $113,783
- Participant contributions
- $347,720
- Total contributions
- $461,503
- Total income / additions
- $1,273,837
Expenses & distributions
- Benefits paid
- $752,782
- Administrative expenses
- $25,858
- Total expenses
- $778,640
- Net increase / (decrease)
- $495,197
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| American Trust Company | CONTRACT ADMINISTRATOR | $25,858 | $0 | 2023 |