Team Carolinas Inc. 401(K) Plan — Form 5500 plan (Team Carolinas, 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 Carolinas Inc. 401(K) Plan is a benefit plan reported by Team Carolinas, Inc. under EIN 56-1854397 and plan number 001. The latest loaded filing year is 2023. The filing reports 449 participants and $1,969,794 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Team Carolinas, Inc.
- EIN
- 56-1854397
- Plan number
- 001
- Plan type
- 2
- Location
- Salisbury, NC
- Latest filing year
- 2023
- Participants
- 449
- End-of-year plan assets
- $1,969,794
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 449 | H, C | 20250711094925NAL0010170784001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,969,794
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,969,794
- Net assets (BOY)
- $1,675,907
Income & contributions
- Employer contributions
- $142,484
- Participant contributions
- $232,795
- Total contributions
- $375,279
- Total income / additions
- $617,486
Expenses & distributions
- Benefits paid
- $292,711
- Administrative expenses
- $30,888
- Total expenses
- $323,599
- Net increase / (decrease)
- $293,887
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $16,014 | $0 | 2023 |
| Merrill Lynch Pierce Fenner & Smith | INVESTMENT ADVISOR | $6,831 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $4,036 | not reported in the loaded dataset | 2023 |
| Rockefeller Financial LLC | INVESTMENT ADVISOR | $4,007 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Team Carolinas, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Salisbury, NC
- Empower Annuity Insurance Company O — Schedule C compensation
- Merrill Lynch Pierce Fenner & Smith — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Rockefeller Financial LLC — Schedule C compensation