Trison Business Solutions, Inc. 401(K) Plan — Form 5500 plan (Trison Business Solutions, 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, Trison Business Solutions, Inc. 401(K) Plan is a benefit plan reported by Trison Business Solutions, Inc. under EIN 16-1596358 and plan number 001. The latest loaded filing year is 2023. The filing reports 141 participants and $6,704,327 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.7MPlan net assets, end of year$6,655,654
Participants141Covered participants reported
Assets / participant$47.5KComputed: assets ÷ participants$47,548 (computed)
Provider compensation$2.1K1 Schedule C provider row(s)$2,108
Plan sponsor
Trison Business Solutions, Inc.
EIN
16-1596358
Plan number
001
Plan type
2
Location
Leroy, NY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023141H, C20250606092841NAL0021099808001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$6.7M total assets
Net assets$6.7MLiabilities$48.7K
Money in vs. money out
Total income / additions$1.8M
Total expenses$529.9K
Benefits paid / distributions$527.3K
Contributions
Employer$0
Participant$384.1K
Full reported line items

Net assets

Total assets (EOY)
$6,704,327
Total liabilities (EOY)
$48,673
Net assets (EOY)
$6,655,654
Net assets (BOY)
$5,409,384

Income & contributions

Employer contributions
$0
Participant contributions
$384,130
Total contributions
$390,008
Total income / additions
$1,776,134

Expenses & distributions

Benefits paid
$527,334
Administrative expenses
$2,530
Total expenses
$529,864
Net increase / (decrease)
$1,246,270
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 0%Participant 100%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income30%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$2,108$02023

Related Form 5500 pages