Convergeone 401(K) Plan — Form 5500 plan (Convergeone Holdings, 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, Convergeone 401(K) Plan is a benefit plan reported by Convergeone Holdings, Inc. under EIN 81-4619427 and plan number 002. The latest loaded filing year is 2023. The filing reports 3,263 participants and $333,789,215 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Convergeone Holdings, Inc.
- EIN
- 81-4619427
- Plan number
- 002
- Plan type
- 2
- Location
- Bloomington, MN
- Latest filing year
- 2023
- Participants
- 3,263
- End-of-year plan assets
- $333,789,215
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,263 | H, C | 20241014162606NAL0027853793001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $333,789,215
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $333,789,215
- Net assets (BOY)
- $301,436,330
Income & contributions
- Employer contributions
- $6,836,300
- Participant contributions
- $26,019,179
- Total contributions
- $34,434,786
- Total income / additions
- $87,091,114
Expenses & distributions
- Benefits paid
- $54,110,807
- Administrative expenses
- $425,936
- Total expenses
- $54,738,229
- Net increase / (decrease)
- $32,352,885
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $228,538 | $0 | 2023 |
| Sageview Advisory Group, LLC | INVESTMENT MGMT | $107,468 | not reported in the loaded dataset | 2023 |
| Sageview Advisory Group, LLC | INVESTMENT ADVISOR | $62,500 | not reported in the loaded dataset | 2023 |
| Mcgladrey Llp | AUDITOR | $27,000 | not reported in the loaded dataset | 2023 |
| Td Ameritrade, Inc. | BROKERAGE SERVICES | $250 | $0 | 2023 |
| Charles Schwab & Co., Inc. | BROKERAGE SERVICES | $180 | $0 | 2023 |
| Incline Investment Advisors Ll | BROKERAGE SERVICES | $64 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Convergeone Holdings, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Bloomington, MN
- Empower Annuity Insurance Company O — Schedule C compensation
- Sageview Advisory Group, LLC — Schedule C compensation
- Mcgladrey Llp — Schedule C compensation
- Td Ameritrade, Inc. — Schedule C compensation
- Charles Schwab & Co., Inc. — Schedule C compensation
- Incline Investment Advisors Ll — Schedule C compensation