2023 Form 5500 filing — Teamvantage 401k Retirement 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 20241001155612NAL0012102416001) for Teamvantage 401k Retirement Plan., reported by Teamvantage Buyer, LLC under EIN 85-3464786 and plan number 002. It reports 580 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241001155612NAL0012102416001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Teamvantage Buyer, LLC
- EIN
- 85-3464786
- Plan number
- 002
- Location
- Forest Lake, MN
- Participants
- 580
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $27,843,784
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,843,784
- Employer contributions
- $670,625
- Participant contributions
- $2,548,799
- Total income / additions
- $7,548,525
- Benefits paid
- $2,819,225
- Administrative expenses
- $104,478
- Total expenses
- $2,924,606
- Net increase / (decrease)
- $4,623,919
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Rbc Capital Markets LLC | INVESTMENT ADVISORY | $53,556 | $22 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $50,888 | $0 |