2023 Form 5500 filing — Team, Inc. Salary Deferral Plan And Trust
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240725102322NAL0008140723001) for Team, Inc. Salary Deferral Plan And Trust, reported by Team, Inc. under EIN 74-1765729 and plan number 002. It reports 5,738 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240725102322NAL0008140723001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Team, Inc.
- EIN
- 74-1765729
- Plan number
- 002
- Location
- Sugar Land, TX
- Participants
- 5,738
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $324,145,820
- Total liabilities (EOY)
- $2,436
- Net assets (EOY)
- $324,143,384
- Employer contributions
- $7,222,516
- Participant contributions
- $22,661,261
- Total income / additions
- $82,950,033
- Benefits paid
- $38,597,187
- Administrative expenses
- $166,990
- Total expenses
- $38,733,814
- Net increase / (decrease)
- $44,216,219
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Morgan Stanley Smith Barney LLC | INVESTMENT ADVISOR | $283,095 | not reported in the loaded dataset |
| Melton & Melton | ACCOUNTANT/AUDITOR | $31,853 | not reported in the loaded dataset |
| Barton Law Office'S | ATTORNEY/LEGAL | $27,516 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | -$175,483 | $0 |