2023 Form 5500 filing — Massachusetts Teacher Association 401(K) Savings 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 20240801131834NAL0015211779001) for Massachusetts Teacher Association 401(K) Savings Plan, reported by Massachusetts Teachers Association under EIN 04-1591200 and plan number 002. It reports 167 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)$18.5MReported net assets$18,450,332
Participants167
Provider compensation$7.5K2 Schedule C row(s)$7,535
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240801131834NAL0015211779001
- Plan sponsor
- Massachusetts Teachers Association
- EIN
- 04-1591200
- Plan number
- 002
- Location
- Quincy, 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)$18.5M total assets
Net assets$18.5MLiabilities$0
Full reported line items
- Total assets (EOY)
- $18,450,332
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,450,332
- Employer contributions
- $0
- Participant contributions
- $1,459,649
- Total income / additions
- $4,455,749
- Benefits paid
- $1,385,273
- Administrative expenses
- $7,535
- Total expenses
- $1,418,968
- Net increase / (decrease)
- $3,036,781
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $5,216 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $2,319 | $0 |