2023 Form 5500 filing — Taxbit 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 20241017172310NAL0033299105001) for Taxbit 401(K) Plan, reported by Taxbit, Inc. under EIN 83-3266436 and plan number 001. It reports 285 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)$3.9MReported net assets$3,867,777
Participants285
Provider compensation$19.3K2 Schedule C row(s)$19,267
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241017172310NAL0033299105001
- Plan sponsor
- Taxbit, Inc.
- EIN
- 83-3266436
- Plan number
- 001
- Location
- Draper, UT
- 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)$3.9M total assets
Net assets$3.9MLiabilities$0
Full reported line items
- Total assets (EOY)
- $3,867,777
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,867,777
- Participant contributions
- $2,226,619
- Total income / additions
- $3,002,429
- Benefits paid
- $683,494
- Administrative expenses
- $19,267
- Total expenses
- $722,377
- Net increase / (decrease)
- $2,280,052
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Forusall, Inc. | ADMINISTRATOR | $10,267 | not reported in the loaded dataset |
| At Retirement Services, LLC | N/A | $9,000 | not reported in the loaded dataset |