2023 Form 5500 filing — Tessco Technologies Incorporated 401(K) Retirement Savings 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 20241015111816NAL0028177281001) for Tessco Technologies Incorporated 401(K) Retirement Savings Plan, reported by Tessco Technologies Incorporated under EIN 52-0729657 and plan number 001. It reports 797 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015111816NAL0028177281001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Tessco Technologies Incorporated
- EIN
- 52-0729657
- Plan number
- 001
- Location
- Hunt Valley, MD
- Participants
- 797
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $59,031,350
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $59,031,350
- Employer contributions
- $907,511
- Participant contributions
- $3,124,001
- Total income / additions
- $15,670,300
- Benefits paid
- $9,087,621
- Administrative expenses
- $175,080
- Total expenses
- $9,262,701
- Net increase / (decrease)
- $6,407,599
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Milliman, Inc. | NONE | $124,561 | not reported in the loaded dataset |
| Greenspring Advisors | NONE | $37,500 | not reported in the loaded dataset |
| Charles Schwab Trust Bank | NONE | $14 | $15,209 |
| Sc&H Attest Services, P.C. | NONE | $13,000 | not reported in the loaded dataset |