Terc, Inc. Dc Retirement Plan — Form 5500 plan (Terc, Inc.)

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, Terc, Inc. Dc Retirement Plan is a benefit plan reported by Terc, Inc. under EIN 04-6134355 and plan number 001. The latest loaded filing year is 2023. The filing reports 333 participants and $49,207,374 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Terc, Inc.
EIN
04-6134355
Plan number
001
Plan type
2
Location
Cambridge, MA
Latest filing year
2023
Participants
333
End-of-year plan assets
$49,207,374

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023333H, C20240606010956NAL0034649808001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$49,207,374
Total liabilities (EOY)
$0
Net assets (EOY)
$49,207,374
Net assets (BOY)
$44,580,427

Income & contributions

Employer contributions
$340,682
Participant contributions
$729,345
Total contributions
$1,070,327
Total income / additions
$7,305,086

Expenses & distributions

Benefits paid
$2,647,941
Administrative expenses
$30,198
Total expenses
$2,678,139
Net increase / (decrease)
$4,626,947

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Tiaa-CrefRECORDKEEPER$30,198$02023

Related Form 5500 pages