Team Technologies 401(K) Savings And Retirement Plan — Form 5500 plan (Team Technologies, 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, Team Technologies 401(K) Savings And Retirement Plan is a benefit plan reported by Team Technologies, Inc. under EIN 46-1500429 and plan number 001. The latest loaded filing year is 2023. The filing reports 914 participants and $24,533,932 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Team Technologies, Inc.
EIN
46-1500429
Plan number
001
Plan type
2
Location
Morristown, TN
Latest filing year
2023
Participants
914
End-of-year plan assets
$24,533,932

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023914H, C20240925081019NAL0013999057001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$24,533,932
Total liabilities (EOY)
$0
Net assets (EOY)
$24,533,932
Net assets (BOY)
$22,587,464

Income & contributions

Employer contributions
$1,053,421
Participant contributions
$1,982,766
Total contributions
$3,054,447
Total income / additions
$7,394,043

Expenses & distributions

Benefits paid
$5,364,835
Administrative expenses
$82,740
Total expenses
$5,447,575
Net increase / (decrease)
$1,946,468

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Usi Consulting Group, Inc.RECORDKEEPER$47,740$02023
Charles Schwab Trust BankNONE$35,000$7,4842023

Related Form 5500 pages