2023 Form 5500 filing — Team Carolinas 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 20250711094925NAL0010170784001) for Team Carolinas Inc. 401(K) Plan, reported by Team Carolinas, Inc. under EIN 56-1854397 and plan number 001. It reports 449 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250711094925NAL0010170784001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Team Carolinas, Inc.
- EIN
- 56-1854397
- Plan number
- 001
- Location
- Salisbury, NC
- Participants
- 449
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,969,794
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,969,794
- Employer contributions
- $142,484
- Participant contributions
- $232,795
- Total income / additions
- $617,486
- Benefits paid
- $292,711
- Administrative expenses
- $30,888
- Total expenses
- $323,599
- Net increase / (decrease)
- $293,887
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $16,014 | $0 |
| Merrill Lynch Pierce Fenner & Smith | INVESTMENT ADVISOR | $6,831 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $4,036 | not reported in the loaded dataset |
| Rockefeller Financial LLC | INVESTMENT ADVISOR | $4,007 | not reported in the loaded dataset |