2023 Form 5500 filing — Turningpoint 401(K) Plan
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 20240923130124NAL0006642515001) for Turningpoint 401(K) Plan, reported by Turningpoint Global Solutions, LLC under EIN 81-0575201 and plan number 001. It reports 228 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)$14.8MReported net assets$14,836,735
Participants228
Provider compensation$73.6K2 Schedule C row(s)$73,630
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240923130124NAL0006642515001
- Plan sponsor
- Turningpoint Global Solutions, LLC
- EIN
- 81-0575201
- Plan number
- 001
- Location
- Rockville, MD
- Received date
- not reported in the loaded dataset
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)$14.8M total assets
Net assets$14.8MLiabilities$0
Full reported line items
- Total assets (EOY)
- $14,836,735
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,836,735
- Employer contributions
- $357,448
- Participant contributions
- $807,023
- Total income / additions
- $3,427,307
- Benefits paid
- $1,052,455
- Administrative expenses
- $73,630
- Total expenses
- $1,126,085
- Net increase / (decrease)
- $2,301,222
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock | RECORDKEEPER | $44,185 | not reported in the loaded dataset |
| Morgan Stanley Global Banking Ops | RIA | $29,445 | not reported in the loaded dataset |