Talley Construction Company & Affliates 401(K) Profit Sharing Plan — Form 5500 plan (Talley Construction Company, 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, Talley Construction Company & Affliates 401(K) Profit Sharing Plan is a benefit plan reported by Talley Construction Company, Inc. under EIN 62-1462015 and plan number 001. The latest loaded filing year is 2023. The filing reports 255 participants and $15,311,202 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$15.3MPlan net assets, end of year$15,310,296
Participants255Covered participants reported
Assets / participant$60KComputed: assets ÷ participants$60,044 (computed)
Provider compensation$48.4K3 Schedule C provider row(s)$48,429
Plan sponsor
Talley Construction Company, Inc.
EIN
62-1462015
Plan number
001
Plan type
3
Location
Rossville, GA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023255H, C20241011151552NAL0012680883001
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)$15.3M total assets
Net assets$15.3MLiabilities$906
Money in vs. money out
Total income / additions$3.3M
Total expenses$517.9K
Benefits paid / distributions$428.8K
Contributions
Employer$332.5K
Participant$635.7K
Full reported line items

Net assets

Total assets (EOY)
$15,311,202
Total liabilities (EOY)
$906
Net assets (EOY)
$15,310,296
Net assets (BOY)
$12,552,356

Income & contributions

Employer contributions
$332,474
Participant contributions
$635,747
Total contributions
$971,522
Total income / additions
$3,275,849

Expenses & distributions

Benefits paid
$428,802
Administrative expenses
$89,107
Total expenses
$517,909
Net increase / (decrease)
$2,757,940
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 assets3%Computed ratio
Benefits paid ÷ total income13%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Cannon Financial Strategists IncSERVICE PROVIDER$41,720not reported in the loaded dataset2023
Erisa Services Of Ga, LLCSERVICE PROVIDER$0$5,1402023
The Retirement Advantage IncTPA$0$1,5692023

Related Form 5500 pages