2023 Form 5500 filing — Thing5, LLC 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 20240724145035NAL0013197153001) for Thing5, LLC 401(K) Plan, reported by Thing5, LLC Dba Cloud5 Communications under EIN 76-0826797 and plan number 001. It reports 186 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$5.1MReported net assets$5,050,872
Participants186
Provider compensation$30.6K2 Schedule C row(s)$30,587
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240724145035NAL0013197153001
Plan sponsor
Thing5, LLC Dba Cloud5 Communications
EIN
76-0826797
Plan number
001
Location
Springfield, MA
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$5.1M total assets
Net assets$5.1MLiabilities$0
Money in vs. money out
Total income / additions$1.9M
Total expenses$557.3K
Benefits paid / distributions$528.7K
Contributions
Employer$270.9K
Participant$767.9K
Full reported line items
Total assets (EOY)
$5,050,872
Total liabilities (EOY)
$0
Net assets (EOY)
$5,050,872
Employer contributions
$270,887
Participant contributions
$767,896
Total income / additions
$1,884,843
Benefits paid
$528,693
Administrative expenses
$28,600
Total expenses
$557,293
Net increase / (decrease)
$1,327,550

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life InsuranceCONTRACT ADMINISTRATOR$25,566$0
Shore Tomkins Actuarial ResourcesCONTRACT ADMINISTRATOR$3,074$1,947

Related Form 5500 pages