Cosco Shipping (North America) Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Cosco Shipping (North America) 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, Cosco Shipping (North America) Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Cosco Shipping (North America) Inc. under EIN 94-2894112 and plan number 002. The latest loaded filing year is 2023. The filing reports 743 participants and $93,824,296 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Cosco Shipping (North America) Inc.
- EIN
- 94-2894112
- Plan number
- 002
- Plan type
- 2
- Location
- Secaucus, NJ
- Latest filing year
- 2023
- Participants
- 743
- End-of-year plan assets
- $93,824,296
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 743 | H, C | 20241014110739NAL0027112273001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $93,824,296
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $93,824,296
- Net assets (BOY)
- $84,409,684
Income & contributions
- Employer contributions
- $1,136,869
- Participant contributions
- $4,006,572
- Total contributions
- $5,327,112
- Total income / additions
- $19,607,058
Expenses & distributions
- Benefits paid
- $9,963,005
- Administrative expenses
- $229,441
- Total expenses
- $10,192,446
- Net increase / (decrease)
- $9,414,612
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $229,441 | $0 | 2023 |
| Lpl Financial LLC - Rpcp | INVESTMENT ADVISORY | $0 | $103,569 | 2023 |