2023 Form 5500 filing — Team Solutions 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 20241010091651NAL0011326291001) for Team Solutions 401(K) Plan, reported by Team Industrial Services, Inc. under EIN 34-1475279 and plan number 005. It reports 187 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010091651NAL0011326291001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Team Industrial Services, Inc.
- EIN
- 34-1475279
- Plan number
- 005
- Location
- Taylor, MI
- Participants
- 187
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $571,005
- Net assets (EOY)
- $571,005
- Employer contributions
- $8,832
- Participant contributions
- $18,682
- Total income / additions
- $138,912
- Benefits paid
- $1,047,815
- Administrative expenses
- $23,624
- Total expenses
- $1,080,590
- Net increase / (decrease)
- -$941,678
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Pension Innovations & Consulting | ADMINISTRATOR | $13,008 | $0 |
| Cgrps | RECORDKEEPER | $5,640 | $0 |
| Royal Alliance Associates, Inc. | FINANCIAL ADVISOR | $4,967 | $0 |