2023 Form 5500 filing — Retirement&Security Program For Employees Of Ntca And Its Members
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 20241011110503NAL0012402307001) for Retirement&Security Program For Employees Of Ntca And Its Members, reported by National Telecommunications Cooperative Association under EIN 52-0741336 and plan number 333. It reports 16,254 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011110503NAL0012402307001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- National Telecommunications Cooperative Association
- EIN
- 52-0741336
- Plan number
- 333
- Location
- Arlington, VA
- Participants
- 16,254
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $2,290,341,070
- Total liabilities (EOY)
- $2,109,612
- Net assets (EOY)
- $2,288,231,458
- Employer contributions
- $150,022,368
- Participant contributions
- $25,465,027
- Total income / additions
- $384,339,595
- Benefits paid
- $302,979,852
- Administrative expenses
- $6,706,271
- Total expenses
- $309,686,123
- Net increase / (decrease)
- $74,653,472
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Services Management Corporation | SUBSIDIARY OF NTCA | $3,002,648 | not reported in the loaded dataset |
| Towers Watson | NONE | $967,930 | not reported in the loaded dataset |
| State Street Bank And Trust Company | NONE | $346,777 | $0 |
| Groom Law Group | NONE | $228,409 | not reported in the loaded dataset |
| Wilshire | NONE | $126,000 | not reported in the loaded dataset |
| Forvis, Llp | NONE | $40,775 | not reported in the loaded dataset |