Techlaw Consultants, Inc. Profit Sharing 401(K) Plan — Form 5500 plan (Techlaw Consultants, 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, Techlaw Consultants, Inc. Profit Sharing 401(K) Plan is a benefit plan reported by Techlaw Consultants, Inc. under EIN 54-1385706 and plan number 001. The latest loaded filing year is 2023. The filing reports 287 participants and $22,445,076 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Techlaw Consultants, Inc.
- EIN
- 54-1385706
- Plan number
- 001
- Plan type
- 2
- Location
- Chantilly, VA
- Latest filing year
- 2023
- Participants
- 287
- End-of-year plan assets
- $22,445,076
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 287 | H, C | 20250707184402NAL0001803619001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $22,445,076
- Total liabilities (EOY)
- $11,993
- Net assets (EOY)
- $22,433,083
- Net assets (BOY)
- $25,166,522
Income & contributions
- Employer contributions
- $143,669
- Participant contributions
- $1,181,633
- Total contributions
- $1,754,418
- Total income / additions
- $5,911,219
Expenses & distributions
- Benefits paid
- $8,558,270
- Administrative expenses
- $80,824
- Total expenses
- $8,644,658
- Net increase / (decrease)
- -$2,733,439
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $37,261 | $0 | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $31,751 | $0 | 2023 |
| Truist Advisory Services Inc | INVESTMENT ADVISOR | $20,270 | not reported in the loaded dataset | 2023 |
| Blue Ridge Esop Associates | CONTRACT ADMIN | $75 | $8,456 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MANAGER | $633 | not reported in the loaded dataset | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Techlaw Consultants, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in VA
- 401(k) and benefit plan filings in Chantilly, VA
- Principal Life Insurance Company — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation
- Truist Advisory Services Inc — Schedule C compensation
- Blue Ridge Esop Associates — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation