Tfc, Inc. 401(K) Plan — Form 5500 plan (Tfc, 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, Tfc, Inc. 401(K) Plan is a benefit plan reported by Tfc, Inc. under EIN 45-0361974 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,587 participants and $66,580,152 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Tfc, Inc.
EIN
45-0361974
Plan number
001
Plan type
3
Location
Fargo, ND
Latest filing year
2023
Participants
1,587
End-of-year plan assets
$66,580,152

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,587H, C20241008133207NAL0028787600001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$66,580,152
Total liabilities (EOY)
$0
Net assets (EOY)
$66,580,152
Net assets (BOY)
$50,491,050

Income & contributions

Employer contributions
$2,568,642
Participant contributions
$6,355,752
Total contributions
$8,993,973
Total income / additions
$20,079,400

Expenses & distributions

Benefits paid
$3,768,071
Administrative expenses
$127,675
Total expenses
$3,990,298
Net increase / (decrease)
$16,089,102

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Bell BankNONE$127,476$02023

Related Form 5500 pages