2023 Form 5500 filing — Trax Holdings, 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 20240805050745NAL0000605043001) for Trax Holdings, Inc 401(K) Plan, reported by Trax Holdings, Inc under EIN 86-1006665 and plan number 001. It reports 152 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240805050745NAL0000605043001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Trax Holdings, Inc
- EIN
- 86-1006665
- Plan number
- 001
- Location
- Irving, TX
- Participants
- 152
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,358,901
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,358,901
- Participant contributions
- $491,233
- Total income / additions
- $1,311,366
- Benefits paid
- $696,665
- Administrative expenses
- $40,418
- Total expenses
- $745,863
- Net increase / (decrease)
- $565,503
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Pfg Advisors, LLC | INVESTMENT/FINANCIAL ADVI | $22,680 | $0 |
| Pension Assurance Llp | ACCOUNTANT | $13,000 | $0 |
| Adp, Inc. | RECORD KEEPER | $2,709 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |