401(k)
2024 plan-year 401(k) DOL Form 5500

CHERRYLAKE'S 401(K) PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

I.M.G. ENTERPRISE INC

This 401(k) plan holds $7M in total assets and serves 465 participants as of 2024. It is sponsored by I.M.G. ENTERPRISE INC in Florida. The plan reported positive net income of $1M for the year.

Total Assets (2023)
$7M
Participants
465
State
Industry
Agriculture, Forestry & Fishing

What the Filing Says About CHERRYLAKE'S 401(K) PLAN

CHERRYLAKE'S 401(K) PLAN is a 401(k) retirement plan sponsored by I.M.G. ENTERPRISE INC, headquartered in Florida. As of the 2024 Form 5500 filing, the plan reports $7M in total end-of-year assets and covers 465 participants across the Agriculture, Forestry & Fishing industry. The sponsor's EIN on file with the U.S. Department of Labor is 581477943, and the plan has been effective since 1992-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $6M at the beginning of 2024 to $7M at year-end — a gain of 21.9%. Net assets (after liabilities) closed the year at $7M, with reported net income of $1M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$6M
Total Assets (End of Year)$7M
Net Assets (End of Year)$7M
Net Income$1M
Plan Type401(k)
Employer EIN581477943
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (I.M.G. ENTERPRISE INC)

Year Plans Participants Total Assets
2022 1 407 $5M
2023 1 420 $6M
2024 1 465 $7M

Nearby 401(k) Plans in Florida

Peer 401(k) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the CHERRYLAKE'S 401(K) PLAN?
As of the 2024 Form 5500 filing, CHERRYLAKE'S 401(K) PLAN holds $7M in total assets with 465 participants. It is sponsored by I.M.G. ENTERPRISE INC.
What type of plan is CHERRYLAKE'S 401(K) PLAN?
CHERRYLAKE'S 401(K) PLAN is a 401(k) plan. It has been effective since 1992-01-01. The plan is filed with the U.S. Department of Labor under EIN 581477943.
Who sponsors the CHERRYLAKE'S 401(K) PLAN?
CHERRYLAKE'S 401(K) PLAN is sponsored by I.M.G. ENTERPRISE INC, located in Florida. The sponsor's EIN is 581477943 and the plan operates in the Agriculture, Forestry & Fishing industry.
How did CHERRYLAKE'S 401(K) PLAN perform in 2024?
CHERRYLAKE'S 401(K) PLAN grew by 21.9% during 2024, moving from $6M to $7M in total assets. Net income was $1M.
Where can I find official filings for CHERRYLAKE'S 401(K) PLAN?
Official Form 5500 filings for CHERRYLAKE'S 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 581477943 or plan name at efast.dol.gov.
How does CHERRYLAKE'S 401(K) PLAN compare to other plans?
You can compare CHERRYLAKE'S 401(K) PLAN against other 401(k) plans on the plan type page, or view plans in Florida on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 581477943.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.