Tri-Power Consulting Services, LLC 401(K) Plan — Form 5500 plan (Tri-Power Consulting Services, LLC)

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, Tri-Power Consulting Services, LLC 401(K) Plan is a benefit plan reported by Tri-Power Consulting Services, LLC under EIN 22-3359772 and plan number 002. The latest loaded filing year is 2023. The filing reports 20 participants and $1,803,178 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.8MPlan net assets, end of year$1,803,178
Participants20Covered participants reported
Assets / participant$90.2KComputed: assets ÷ participants$90,159 (computed)
Provider compensationNone reported
Plan sponsor
Tri-Power Consulting Services, LLC
EIN
22-3359772
Plan number
002
Plan type
2
Location
Denville, NJ
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202320I20240917141817NAL0003033233001
Schedule I · 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)$1.8M total assets
Net assets$1.8MLiabilities$0
Money in vs. money out
Total income / additions$545.3K
Total expenses$262.4K
Benefits paid / distributions$262.3K
Contributions
Employer$20.6K
Participant$76K
Full reported line items

Net assets

Total assets (EOY)
$1,803,178
Total liabilities (EOY)
$0
Net assets (EOY)
$1,803,178
Net assets (BOY)
$1,520,305

Income & contributions

Employer contributions
$20,578
Participant contributions
$76,008
Total income / additions
$545,290

Expenses & distributions

Benefits paid
$262,317
Administrative expenses
$100
Total expenses
$262,417
Net increase / (decrease)
$282,873
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 21%Participant 79%
Total expenses ÷ net assets15%Computed ratio
Benefits paid ÷ total income48%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages