2023 Form 5500 filing — Ribbon Communications 401(K) Profit Sharing 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 20241010085937NAL0009837587001) for Ribbon Communications 401(K) Profit Sharing Plan, reported by Ribbon Communications Operating Company, Inc. under EIN 04-3387074 and plan number 001. It reports 1,512 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010085937NAL0009837587001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Ribbon Communications Operating Company, Inc.
- EIN
- 04-3387074
- Plan number
- 001
- Location
- Plano, TX
- Participants
- 1,512
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $313,130,979
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $313,130,979
- Employer contributions
- $1,643,878
- Participant contributions
- $9,457,949
- Total income / additions
- $60,403,760
- Benefits paid
- $33,901,105
- Administrative expenses
- $396,615
- Total expenses
- $34,297,720
- Net increase / (decrease)
- $26,106,040
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Prudential Retirement Insurance And | NONE | $131,276 | $0 |
| Morgan Stanley Smith Barney Holding | NONE | $118,003 | not reported in the loaded dataset |
| Turner, Stone & Company, Llp | NONE | $54,600 | not reported in the loaded dataset |