Ronco Employees 401(K) Savings Plan — Form 5500 plan (Team Ronco Incorporated)
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, Ronco Employees 401(K) Savings Plan is a benefit plan reported by Team Ronco Incorporated under EIN 16-0905768 and plan number 001. The latest loaded filing year is 2023. The filing reports 202 participants and $30,535,173 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Team Ronco Incorporated
- EIN
- 16-0905768
- Plan number
- 001
- Plan type
- 2
- Location
- Clayton, NC
- Latest filing year
- 2023
- Participants
- 202
- End-of-year plan assets
- $30,535,173
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 202 | H, C | 20241011140726NAL0010999827001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $30,535,173
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $30,535,173
- Net assets (BOY)
- $26,002,120
Income & contributions
- Employer contributions
- $440,588
- Participant contributions
- $1,097,977
- Total contributions
- $1,932,709
- Total income / additions
- $6,425,831
Expenses & distributions
- Benefits paid
- $1,825,199
- Administrative expenses
- $67,579
- Total expenses
- $1,892,778
- Net increase / (decrease)
- $4,533,053
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $67,579 | $0 | 2023 |
| Merrill Lynch | CONSULTANT | $0 | $32,469 | 2023 |