Technical Machining Services Employee Benefit Plan — Form 5500 plan (Technical Machining 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, Technical Machining Services Employee Benefit Plan is a benefit plan reported by Technical Machining Services, Inc. under EIN 71-0626245 and plan number 501. The latest loaded filing year is 2023. The filing reports 76 participants and $354,282 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$354.3KPlan net assets, end of year$354,282
Participants76Covered participants reported
Assets / participant$4.7KComputed: assets ÷ participants$4,662 (computed)
Provider compensation$29.3K2 Schedule C provider row(s)$29,278
Plan sponsor
Technical Machining Services, Inc.
EIN
71-0626245
Plan number
501
Plan type
2
Location
Rogers, AR
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202376I, C20240801174545NAL0023252001001
Schedule I · 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)$354.3K total assets
Net assets$354.3KLiabilities
Money in vs. money out
Total income / additions$1.1M
Total expenses$853.6K
Benefits paid / distributions$817K
Contributions
Employer$1.1M
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$354,282
Net assets (EOY)
$354,282
Net assets (BOY)
$110,931

Income & contributions

Employer contributions
$1,096,977
Total income / additions
$1,096,977

Expenses & distributions

Benefits paid
$817,019
Administrative expenses
$36,607
Total expenses
$853,626
Net increase / (decrease)
$243,351
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.

Total expenses ÷ net assets241%Computed ratio
Benefits paid ÷ total income74%Computed ratio
Provider comp. ÷ net assets8%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Healthcare Solutions Groupnot reported in the loaded dataset$15,674not reported in the loaded dataset2023
Cigna Health & Life Insurancenot reported in the loaded dataset$13,604not reported in the loaded dataset2023

Related Form 5500 pages