Teracom Services, LLC 401(K) Plan — Form 5500 plan (Teracom 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, Teracom Services, LLC 401(K) Plan is a benefit plan reported by Teracom Services, LLC under EIN 45-2986569 and plan number 001. The latest loaded filing year is 2023. The filing reports 229 participants and $2,004,890 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$2MPlan net assets, end of year$2,004,890
Participants229Covered participants reported
Assets / participant$8.8KComputed: assets ÷ participants$8,755 (computed)
Provider compensation$14.5K1 Schedule C provider row(s)$14,465
Plan sponsor
Teracom Services, LLC
EIN
45-2986569
Plan number
001
Plan type
2
Location
Tempe, AZ
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    229 participants · 2Sch HSch C
    View filing →
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)$2M total assets
Net assets$2MLiabilities$0
Money in vs. money out
Total income / additions$940.3K
Total expenses$434.1K
Benefits paid / distributions$419.6K
Contributions
Employer$218.4K
Participant$426.4K
Full reported line items

Net assets

Total assets (EOY)
$2,004,890
Total liabilities (EOY)
$0
Net assets (EOY)
$2,004,890
Net assets (BOY)
$1,498,667

Income & contributions

Employer contributions
$218,378
Participant contributions
$426,432
Total contributions
$644,810
Total income / additions
$940,337

Expenses & distributions

Benefits paid
$419,649
Administrative expenses
$14,465
Total expenses
$434,114
Net increase / (decrease)
$506,223
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 34%Participant 66%
Total expenses ÷ net assets22%Computed ratio
Benefits paid ÷ total income45%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    RECORDKEEPER · Direct $14.5K

What to inspect next

Frequently asked questions

Who sponsors the Teracom Services, LLC 401(K) Plan?
Teracom Services, LLC 401(K) Plan is reported as sponsored by Teracom Services, LLC (EIN 45-2986569, plan number 001) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Teracom Services, LLC 401(K) Plan?
The latest Form 5500 filing year loaded for Teracom Services, LLC 401(K) Plan is 2023.
How many participants does Teracom Services, LLC 401(K) Plan report?
Teracom Services, LLC 401(K) Plan reports 229 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Teracom Services, LLC 401(K) Plan?
Teracom Services, LLC 401(K) Plan reports $2,004,890 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages