2023 Form 5500 filing — Tbc Corporation Safe Harbor 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 20241009143303NAL0018548529003) for Tbc Corporation Safe Harbor 401(K) Plan, reported by Tbc Corporation under EIN 31-0600670 and plan number 003. It reports 4,374 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009143303NAL0018548529003
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Tbc Corporation
- EIN
- 31-0600670
- Plan number
- 003
- Location
- Palm Beach Gardens, FL
- Participants
- 4,374
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $222,181,424
- Net assets (EOY)
- $222,181,424
- Employer contributions
- $5,476,877
- Participant contributions
- $9,323,072
- Total income / additions
- $51,359,835
- Benefits paid
- $35,126,629
- Administrative expenses
- $243,451
- Total expenses
- $35,370,855
- Net increase / (decrease)
- $15,988,980
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORD KEEPER | $166,624 | $0 |
| Mercer Investment Management | INVESTMENT ADVISOR | $50,852 | not reported in the loaded dataset |
| Lbmc, Pc | AUDITOR | $16,850 | not reported in the loaded dataset |
| Steelpeak Wealth | SECURITIES BROKER | $6,452 | not reported in the loaded dataset |
| Charles Schwab & Co., Inc | SECURITIES BROKER | $2,673 | $0 |
| National Financial Services | SECURITIES BROKER | $0 | $0 |