2023 Form 5500 filing — Talen, Inc. Employee Stock Ownership And 401(K) Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240510140715NAL0038264368001) for Talen, Inc. Employee Stock Ownership And 401(K) Plan, reported by Talen, Inc. under EIN 42-1050351 and plan number 001. It reports 33 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240510140715NAL0038264368001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Talen, Inc.
- EIN
- 42-1050351
- Plan number
- 001
- Location
- Traer, IA
- Participants
- 33
- Schedules available
- Schedule I, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,651,703
- Net assets (EOY)
- $7,651,703
- Employer contributions
- $89,917
- Participant contributions
- $104,494
- Total income / additions
- $681,911
- Benefits paid
- $640,088
- Total expenses
- $660,200
- Net increase / (decrease)
- $21,711
- Schedule source
- Schedule I
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock Life Insurance Company | NONE | $10,976 | $0 |
| Cetera Advisors Networks LLC | NONE | $6,201 | not reported in the loaded dataset |
| Cetera Investment Advisers LLC | NONE | $2,935 | not reported in the loaded dataset |