Plan5500

Cornerstone Advisors Of Arizona, LLC 401(K) Profit Sharing Plan And Trust — Form 5500 plan (Cornerstone Advisors Of Arizona LLC)

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, Cornerstone Advisors Of Arizona, LLC 401(K) Profit Sharing Plan And Trust is a benefit plan reported by Cornerstone Advisors Of Arizona LLC under EIN 75-2990539 and plan number 001. The latest loaded filing year is 2023. The filing reports 200 participants and $26,012,975 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$26MPlan net assets, end of year$26,012,975
Participants200Covered participants reported
Assets / participant$130.1KComputed: assets ÷ participants$130,065 (computed)
Provider compensation$111.2K1 Schedule C provider row(s)$111,199
Plan sponsor
Cornerstone Advisors Of Arizona LLC
EIN
75-2990539
Plan number
001
Plan type
2
Location
Scottsdale, AZ
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023200H, C20241015175305NAL0015200067001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$26M total assets
Net assets$26MLiabilities$0
Money in vs. money out
Total income / additions$7M
Total expenses$946.5K
Benefits paid / distributions$821.1K
Contributions
Employer$1.3M
Participant$2M
Full reported line items

Net assets

Total assets (EOY)
$26,012,975
Total liabilities (EOY)
$0
Net assets (EOY)
$26,012,975
Net assets (BOY)
$19,927,666

Income & contributions

Employer contributions
$1,275,373
Participant contributions
$2,006,520
Total contributions
$3,522,253
Total income / additions
$7,031,844

Expenses & distributions

Benefits paid
$821,079
Administrative expenses
$111,199
Total expenses
$946,535
Net increase / (decrease)
$6,085,309
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 39%Participant 61%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income12%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Bankers Trust CompanyNONE$111,199$02023

Related Form 5500 pages