Tss 401(K) Plan — Form 5500 plan (Telecommunication Support Services, 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, Tss 401(K) Plan is a benefit plan reported by Telecommunication Support Services, Inc. under EIN 59-3068703 and plan number 001. The latest loaded filing year is 2023. The filing reports 117 participants and $4,616,906 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$4.6MPlan net assets, end of year$4,616,906
Participants117Covered participants reported
Assets / participant$39.5KComputed: assets ÷ participants$39,461 (computed)
Provider compensation$34K5 Schedule C provider row(s)$34,000
Plan sponsor
Telecommunication Support Services, Inc.
EIN
59-3068703
Plan number
001
Plan type
2
Location
Melbourne, FL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023117H, C20241003102626NAL0010401825001
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)$4.6M total assets
Net assets$4.6MLiabilities$0
Money in vs. money out
Total income / additions$1.2M
Total expenses$909K
Benefits paid / distributions$860.7K
Contributions
Employer$196K
Participant$382.9K
Full reported line items

Net assets

Total assets (EOY)
$4,616,906
Total liabilities (EOY)
$0
Net assets (EOY)
$4,616,906
Net assets (BOY)
$4,319,573

Income & contributions

Employer contributions
$195,964
Participant contributions
$382,897
Total contributions
$578,861
Total income / additions
$1,206,287

Expenses & distributions

Benefits paid
$860,734
Administrative expenses
$31,667
Total expenses
$908,954
Net increase / (decrease)
$297,333
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 assets20%Computed ratio
Benefits paid ÷ total income71%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Ins Co Of AmericaRECORDKEEPER$23,165$02023
Alliant Insurance ServicesINVESTMENT ADVISOR$7,787not reported in the loaded dataset2023
Employee Benefits Group, LLCTHIRD PARTY ADMINISTRATOR$0$2,1252023
Argent Retirement Plan AdvisorsOTHER$715not reported in the loaded dataset2023
Massachusetts Mutual Life InsuranceBROKER/ADVISOR$0$2082023

Related Form 5500 pages