2023 Form 5500 filing — Teal'S Management Group, Inc. 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 20240703132219NAL0004382099001) for Teal'S Management Group, Inc. 401(K) Plan, reported by Teals Management Group, Inc. under EIN 41-1895574 and plan number 001. It reports 278 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240703132219NAL0004382099001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Teals Management Group, Inc.
- EIN
- 41-1895574
- Plan number
- 001
- Location
- Cold Spring, MN
- Participants
- 278
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,882,651
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,882,651
- Employer contributions
- $48,510
- Participant contributions
- $258,112
- Total income / additions
- $1,008,252
- Benefits paid
- $282,363
- Administrative expenses
- $29,982
- Total expenses
- $312,345
- Net increase / (decrease)
- $695,907
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $28,643 | $0 |
| Wilshire Advisors LLC | INVESTMENT ADVISOR | $0 | $0 |