2023 Form 5500 filing — Team Industries 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 20240806142347NAL0002572705001) for Team Industries 401(K) Plan, reported by Team Industries, Inc. under EIN 41-1760698 and plan number 001. It reports 1,282 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)$94.5MReported net assets$94,539,641

Participants1.3K1,282

Provider compensation$264.5K4 Schedule C row(s)$264,543

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20240806142347NAL0002572705001
Plan sponsor: Team Industries, Inc.
EIN: 41-1760698
Plan number: 001
Location: Bagley, MN
Received date: not reported in the loaded dataset

How to read this filing

This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
Schedule chips (Sch H / I / C) show which schedules this filing includes.
Net assets = total assets minus total liabilities (Schedule H/I).
Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
For the plan's full history, open the plan profile.

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)$94.5M total assets

Net assets$94.5MLiabilities—

Money in vs. money out

Total income / additions$20.7M

Total expenses$8.7M

Benefits paid / distributions$8.4M

Contributions

Employer$2.5M

Participant$4.7M

Full reported line items

Total assets (EOY): $94,539,641
Net assets (EOY): $94,539,641
Employer contributions: $2,480,130
Participant contributions: $4,706,911
Total income / additions: $20,749,501
Benefits paid: $8,391,966
Administrative expenses: $264,543
Total expenses: $8,659,686
Net increase / (decrease): $12,089,815

Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

1
Transamerica Retirement Solutions$199.5K
RECORDKEEPER · Direct $199.5K · Indirect $0
2
Prime Capital Investment Advisors,$65K
CONSULTANT · Direct $65K
3
Charles Schwab & Co., Inc.$8
SECURITIES BROKER · Direct $8 · Indirect $0
4
National Financial Services$0
SECURITIES BROKER · Direct $0 · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240806142347NAL0002572705001 cover?: It is the 2023 Form 5500 filing for Team Industries 401(K) Plan, reported by Team Industries, Inc. (EIN 41-1760698).
Which Form 5500 schedules are attached to this 2023 filing?: Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).