Titan Machinery Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Titan Machinery, 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, Titan Machinery Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Titan Machinery, Inc. under EIN 45-0357838 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,457 participants and $214,182,507 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Titan Machinery, Inc.
EIN
45-0357838
Plan number
001
Plan type
2
Location
West Fargo, ND
Latest filing year
2023
Participants
2,457
End-of-year plan assets
$214,182,507

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,457H, C20250221101107NAL0014832610001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$214,182,507
Total liabilities (EOY)
$0
Net assets (EOY)
$214,182,507
Net assets (BOY)
$157,972,300

Income & contributions

Employer contributions
$5,522,945
Participant contributions
$13,292,362
Total contributions
$19,746,625
Total income / additions
$49,293,523

Expenses & distributions

Benefits paid
$10,857,254
Administrative expenses
$59,343
Total expenses
$10,924,863
Net increase / (decrease)
$38,368,660

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Sageview Advisory Group, LLCINVESTMENT ADVISOR$35,190not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$24,153$02023

Related Form 5500 pages