Coadap LLC Profit Sharing 401(K) Plan — Form 5500 plan (Coadap 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, Coadap LLC Profit Sharing 401(K) Plan is a benefit plan reported by Coadap LLC under EIN 85-3715883 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,291 participants and $40,160,685 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$40.2MPlan net assets, end of year$40,160,685
Participants1.3KCovered participants reported1,291
Assets / participant$31.1KComputed: assets ÷ participants$31,108 (computed)
Provider compensation$18.2K2 Schedule C provider row(s)$18,199
- Plan sponsor
- Coadap LLC
- EIN
- 85-3715883
- Plan number
- 001
- Plan type
- 2
- Location
- Reading, PA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,291 | H, C | 20241011145103NAL0037265312001 |
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)$40.2M total assets
Net assets$40.2MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $40,160,685
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $40,160,685
- Net assets (BOY)
- $32,376,771
Income & contributions
- Employer contributions
- $1,951,041
- Participant contributions
- $3,163,321
- Total contributions
- $5,667,852
- Total income / additions
- $11,101,555
Expenses & distributions
- Benefits paid
- $3,226,769
- Administrative expenses
- $18,199
- Total expenses
- $3,317,641
- Net increase / (decrease)
- $7,783,914
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.
38%62%
Employer 38%Participant 62%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income29%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $17,761 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $438 | not reported in the loaded dataset | 2023 |