2023 Form 5500 filing — Tier 1 Performance Solutions, 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 20240927110321NAL0001191171001) for Tier 1 Performance Solutions, LLC 401(K) Plan, reported by Tier 1 Performance Solutions, LLC under EIN 61-1426022 and plan number 001. It reports 376 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240927110321NAL0001191171001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Tier 1 Performance Solutions, LLC
- EIN
- 61-1426022
- Plan number
- 001
- Location
- Covington, KY
- Participants
- 376
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $34,712,756
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $34,712,756
- Employer contributions
- $1,050,082
- Participant contributions
- $3,365,529
- Total income / additions
- $9,581,487
- Benefits paid
- $967,817
- Administrative expenses
- $23,788
- Total expenses
- $991,605
- Net increase / (decrease)
- $8,589,882
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Latitude Service Company Inc | THIRD PARTY ADMINIST | $0 | $13,260 |
| Morningstar Investment Management | SERVICE PROVIDER | $10,152 | not reported in the loaded dataset |