2023 Form 5500 filing — Truenet Communications Corp 401(K) Profit Sharing 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 20240815141206NAL0007540467001) for Truenet Communications Corp 401(K) Profit Sharing Plan And Trust, reported by Truenet Communications Corp. under EIN 74-3061278 and plan number 001. It reports 587 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$12MReported net assets$12,036,360
Participants587
Provider compensation$38.1K2 Schedule C row(s)$38,127
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240815141206NAL0007540467001
Plan sponsor
Truenet Communications Corp.
EIN
74-3061278
Plan number
001
Location
Jacksonville, FL
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$12M total assets
Net assets$12MLiabilities$0
Money in vs. money out
Total income / additions$4.2M
Total expenses$1.1M
Benefits paid / distributions$991.4K
Contributions
Employer$639.3K
Participant$1.7M
Full reported line items
Total assets (EOY)
$12,036,360
Total liabilities (EOY)
$0
Net assets (EOY)
$12,036,360
Employer contributions
$639,314
Participant contributions
$1,662,866
Total income / additions
$4,209,747
Benefits paid
$991,388
Administrative expenses
$88,777
Total expenses
$1,098,245
Net increase / (decrease)
$3,111,502
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    RIA · Direct $25.4K
  2. 2
    RECORDKEEPER · Direct $12.7K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240815141206NAL0007540467001 cover?
It is the 2023 Form 5500 filing for Truenet Communications Corp 401(K) Profit Sharing Plan And Trust, reported by Truenet Communications Corp. (EIN 74-3061278).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages