Teasdale Foods 401(K) Plan — Form 5500 plan (Teasdale Foods 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, Teasdale Foods 401(K) Plan is a benefit plan reported by Teasdale Foods Inc. under EIN 45-2897455 and plan number 002. The latest loaded filing year is 2023. The filing reports 490 participants and $6,200,182 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.2MPlan net assets, end of year$6,200,182
Participants490Covered participants reported
Assets / participant$12.7KComputed: assets ÷ participants$12,653 (computed)
Provider compensation$79.3K3 Schedule C provider row(s)$79,273
Plan sponsor
Teasdale Foods Inc.
EIN
45-2897455
Plan number
002
Plan type
2
Location
Carrollton, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023490H, C20241015162442NAL0048889664001
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)$6.2M total assets
Net assets$6.2MLiabilities$0
Money in vs. money out
Total income / additions$2.8M
Total expenses$1.4M
Benefits paid / distributions$1.3M
Contributions
Employer$615K
Participant$1.3M
Full reported line items

Net assets

Total assets (EOY)
$6,200,182
Total liabilities (EOY)
$0
Net assets (EOY)
$6,200,182
Net assets (BOY)
$4,803,853

Income & contributions

Employer contributions
$615,022
Participant contributions
$1,304,580
Total contributions
$2,006,848
Total income / additions
$2,832,635

Expenses & distributions

Benefits paid
$1,316,869
Administrative expenses
$79,273
Total expenses
$1,402,759
Net increase / (decrease)
$1,429,876
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 32%Participant 68%
Total expenses ÷ net assets23%Computed ratio
Benefits paid ÷ total income46%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Adp, Inc.RECORD KEEPER$66,729$02023
Vision Point Advisory Group, LLCINVESTMENT/FINANCIAL ADVI$12,544$02023
Adp Broker-DealerRECORD KEEPER$0$02023

Related Form 5500 pages