Tan Holdings Corporation 401(K) Profit Sharing Plan — Form 5500 plan (Tan Holdings Corporation)

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, Tan Holdings Corporation 401(K) Profit Sharing Plan is a benefit plan reported by Tan Holdings Corporation under EIN 66-0483398 and plan number 001. The latest loaded filing year is 2023. The filing reports 958 participants and $14,971,848 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$15MPlan net assets, end of year$14,971,848
Participants958Covered participants reported
Assets / participant$15.6KComputed: assets ÷ participants$15,628 (computed)
Provider compensation$109.6K1 Schedule C provider row(s)$109,640
Plan sponsor
Tan Holdings Corporation
EIN
66-0483398
Plan number
001
Plan type
2
Location
Saipan, MP
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023958H, C20241014021915NAL0014463059001
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)$15M total assets
Net assets$15MLiabilities$0
Money in vs. money out
Total income / additions$3.9M
Total expenses$1.7M
Benefits paid / distributions$1.6M
Contributions
Employer$377.7K
Participant$1.7M
Full reported line items

Net assets

Total assets (EOY)
$14,971,848
Total liabilities (EOY)
$0
Net assets (EOY)
$14,971,848
Net assets (BOY)
$12,712,858

Income & contributions

Employer contributions
$377,676
Participant contributions
$1,715,695
Total contributions
$2,191,338
Total income / additions
$3,930,688

Expenses & distributions

Benefits paid
$1,562,066
Administrative expenses
$109,640
Total expenses
$1,671,706
Net increase / (decrease)
$2,258,982
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 18%Participant 82%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income40%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Asc Trust, LLCNONE$109,640not reported in the loaded dataset2023

Related Form 5500 pages