Tecomet 401(K) Plan — Form 5500 plan (Tecomet)
Plain-English plan 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, Tecomet 401(K) Plan is a benefit plan reported by Tecomet under EIN 04-3004131 and plan number 001. The latest loaded filing year is 2023. The filing reports 3,304 participants and $133,359,790 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Tecomet
- EIN
- 04-3004131
- Plan number
- 001
- Plan type
- 2
- Location
- Wilmington, MA
- Latest filing year
- 2023
- Participants
- 3,304
- End-of-year plan assets
- $133,359,790
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,304 | H, C | 20241014185835NAL0013763139001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $133,359,790
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $133,359,790
- Net assets (BOY)
- $123,720,314
Income & contributions
- Employer contributions
- $3,607,907
- Participant contributions
- $7,512,055
- Total contributions
- $11,649,032
- Total income / additions
- $30,700,125
Expenses & distributions
- Benefits paid
- $20,525,280
- Administrative expenses
- $534,570
- Total expenses
- $21,060,649
- Net increase / (decrease)
- $9,639,476
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $397,703 | $0 | 2023 |
| Aggregated Retirement Services | ACCOUNTANT | $136,867 | $160,429 | 2023 |
| Kestra Advisory Services LLC | INVESTMENT ADVISORY | $0 | $76,761 | 2023 |
| Towers Watson Investment Services | INVESTMENT ADVISORY | $0 | $14,964 | 2023 |
| Mma Securities LLC | INVESTMENT ADVISORY | $0 | $13,194 | 2023 |
| Advantage Benefits Consultants | OTHER SERVICES | $0 | $6,229 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Tecomet
- 2023 Form 5500 filing
- Form 5500 filings in MA
- 401(k) and benefit plan filings in Wilmington, MA
- Principal Life Insurance Company — Schedule C compensation
- Aggregated Retirement Services — Schedule C compensation
- Kestra Advisory Services LLC — Schedule C compensation
- Towers Watson Investment Services — Schedule C compensation
- Mma Securities LLC — Schedule C compensation
- Advantage Benefits Consultants — Schedule C compensation