2023 Form 5500 filing — Time Equities, Inc. 401(K) Profit Sharing Plan & 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 20240924111825NAL0012876769001) for Time Equities, Inc. 401(K) Profit Sharing Plan & Trust, reported by Time Equities, Inc. under EIN 13-2659445 and plan number 001. It reports 218 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240924111825NAL0012876769001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Time Equities, Inc.
- EIN
- 13-2659445
- Plan number
- 001
- Location
- New York, NY
- Participants
- 218
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $30,659,861
- Net assets (EOY)
- $30,659,861
- Employer contributions
- $406,737
- Participant contributions
- $1,664,266
- Total income / additions
- $6,284,511
- Benefits paid
- $3,999,949
- Administrative expenses
- $90,653
- Total expenses
- $4,103,827
- Net increase / (decrease)
- $2,180,684
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Thrivent Advisor Network LLC | INVESTMENT ADVISOR | $74,816 | $0 |
| Leafhouse Financial Advisors, LLC | INVESTMENT ADVISOR | $14,329 | $0 |
| United Benefit Pensions Inc. | CONTRACT ADMIN | $11,225 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $4,289 | $0 |
| Empower Life & Annuity Ins Co Of Ny | RECORDKEEPER | $0 | $0 |