2023 Form 5500 filing — Tec-Masters 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 20241014204557NAL0015530931001) for Tec-Masters 401(K) Profit Sharing Plan, reported by Tec-Masters, Inc. under EIN 63-0971481 and plan number 001. It reports 221 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)$20.5MReported net assets$20,549,841
Participants221
Provider compensation$113K3 Schedule C row(s)$112,962
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241014204557NAL0015530931001
Plan sponsor
Tec-Masters, Inc.
EIN
63-0971481
Plan number
001
Location
Huntsville, AL
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)$20.5M total assets
Net assets$20.5MLiabilities$0
Money in vs. money out
Total income / additions$3.5M
Total expenses$2M
Benefits paid / distributions$1.9M
Contributions
Employer$298.9K
Participant$634.8K
Full reported line items
Total assets (EOY)
$20,549,841
Total liabilities (EOY)
$0
Net assets (EOY)
$20,549,841
Employer contributions
$298,927
Participant contributions
$634,828
Total income / additions
$3,521,685
Benefits paid
$1,887,612
Administrative expenses
$112,961
Total expenses
$2,016,392
Net increase / (decrease)
$1,505,293
Schedule C

Reported service provider compensation

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

  1. 1
    INVESTMENT MGMT · Direct $65.9K
  2. 2
    INVESTMENT ADVISOR · Direct $28.4K
  3. 3
    RECORDKEEPER · Direct $18.7K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241014204557NAL0015530931001 cover?
It is the 2023 Form 5500 filing for Tec-Masters 401(K) Profit Sharing Plan, reported by Tec-Masters, Inc. (EIN 63-0971481).
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