2023 Form 5500 filing — Taskus Inc. 401(K) Profit Sharing Plan And Trust

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 20241015161121NAL0050373856001) for Taskus Inc. 401(K) Profit Sharing Plan And Trust, reported by Taskus, Inc. under EIN 90-0420781 and plan number 001. It reports 3,658 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)$19.6MReported net assets$19,562,807
Participants3.7K3,658
Provider compensation$80.2K2 Schedule C row(s)$80,248
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015161121NAL0050373856001
Plan sponsor
Taskus, Inc.
EIN
90-0420781
Plan number
001
Location
New Braunfels, TX
Received date
not reported in the loaded dataset
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)$19.6M total assets
Net assets$19.6MLiabilities$0
Money in vs. money out
Total income / additions$9.3M
Total expenses$5.3M
Benefits paid / distributions$5.1M
Contributions
Employer$2.3M
Participant$3.7M
Full reported line items
Total assets (EOY)
$19,562,807
Total liabilities (EOY)
$0
Net assets (EOY)
$19,562,807
Employer contributions
$2,294,543
Participant contributions
$3,693,827
Total income / additions
$9,280,224
Benefits paid
$5,134,346
Administrative expenses
$80,248
Total expenses
$5,278,612
Net increase / (decrease)
$4,001,612

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Adp, Inc.RECORD KEEPER$80,248$0
Adp Broker-DealerRECORD KEEPER$0$0

Related Form 5500 pages