2023 Form 5500 filing — Takeoff Technologies, Inc. 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 20241011220733NAL0022735937023) for Takeoff Technologies, Inc. 401(K) Plan, reported by Takeoff Technologies, Inc. under EIN 81-3190552 and plan number 001. It reports 199 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)$9.8MReported net assets$9,805,125
Participants199
Provider compensation$18.3K2 Schedule C row(s)$18,289
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241011220733NAL0022735937023
Plan sponsor
Takeoff Technologies, Inc.
EIN
81-3190552
Plan number
001
Location
Waltham, MA
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)$9.8M total assets
Net assets$9.8MLiabilities$0
Money in vs. money out
Total income / additions$3.9M
Total expenses$2.1M
Benefits paid / distributions$2.1M
Contributions
Employer$837.6K
Participant$1.5M
Full reported line items
Total assets (EOY)
$9,805,125
Total liabilities (EOY)
$0
Net assets (EOY)
$9,805,125
Employer contributions
$837,612
Participant contributions
$1,499,891
Total income / additions
$3,936,854
Benefits paid
$2,095,863
Administrative expenses
$10,045
Total expenses
$2,112,254
Net increase / (decrease)
$1,824,600
Schedule C

Reported service provider compensation

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

  1. 1
    RECORDKEEPER · Direct $10K
  2. 2
    CUSTODIAN · Direct $0 · Indirect $8.2K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241011220733NAL0022735937023 cover?
It is the 2023 Form 5500 filing for Takeoff Technologies, Inc. 401(K) Plan, reported by Takeoff Technologies, Inc. (EIN 81-3190552).
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