Tier 1 Performance Solutions, LLC 401(K) Plan — Form 5500 plan (Tier 1 Performance Solutions, 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, Tier 1 Performance Solutions, LLC 401(K) Plan is a benefit plan reported by Tier 1 Performance Solutions, LLC under EIN 61-1426022 and plan number 001. The latest loaded filing year is 2023. The filing reports 376 participants and $34,712,756 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Tier 1 Performance Solutions, LLC
EIN
61-1426022
Plan number
001
Plan type
2
Location
Covington, KY
Latest filing year
2023
Participants
376
End-of-year plan assets
$34,712,756

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023376H, C20240927110321NAL0001191171001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$34,712,756
Total liabilities (EOY)
$0
Net assets (EOY)
$34,712,756
Net assets (BOY)
$24,433,856

Income & contributions

Employer contributions
$1,050,082
Participant contributions
$3,365,529
Total contributions
$4,911,234
Total income / additions
$9,581,487

Expenses & distributions

Benefits paid
$967,817
Administrative expenses
$23,788
Total expenses
$991,605
Net increase / (decrease)
$8,589,882

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Latitude Service Company IncTHIRD PARTY ADMINIST$0$13,2602023
Morningstar Investment ManagementSERVICE PROVIDER$10,152not reported in the loaded dataset2023

Related Form 5500 pages