Cloud For Good, LLC 401(K) Plan — Form 5500 plan (Cloud For Good, 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, Cloud For Good, LLC 401(K) Plan is a benefit plan reported by Cloud For Good, LLC under EIN 87-1711641 and plan number 001. The latest loaded filing year is 2023. The filing reports 172 participants and $7,867,220 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$7.9MPlan net assets, end of year$7,867,220
Participants172Covered participants reported
Assets / participant$45.7KComputed: assets ÷ participants$45,740 (computed)
Provider compensation$35.3K2 Schedule C provider row(s)$35,323
- Plan sponsor
- Cloud For Good, LLC
- EIN
- 87-1711641
- Plan number
- 001
- Plan type
- 2
- Location
- Asheville, NC
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 172 | H, C | 20241010124147NAL0020982321001 |
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)$7.9M total assets
Net assets$7.9MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $7,867,220
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,867,220
- Net assets (BOY)
- $4,635,438
Income & contributions
- Employer contributions
- $618,315
- Participant contributions
- $1,348,938
- Total contributions
- $2,425,393
- Total income / additions
- $3,556,217
Expenses & distributions
- Benefits paid
- $289,112
- Administrative expenses
- $35,323
- Total expenses
- $324,435
- Net increase / (decrease)
- $3,231,782
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.
31%69%
Employer 31%Participant 69%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income8%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Colton Groome Financial Advisors | INVESTMENT ADVISOR | $22,787 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $12,536 | $0 | 2023 |