2023 Form 5500 filing — Team Karl Malone 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 20241015135530NAL0048238832001) for Team Karl Malone 401(K) Plan, reported by Team Karl Malone under EIN 87-0571961 and plan number 002. It reports 598 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015135530NAL0048238832001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Team Karl Malone
- EIN
- 87-0571961
- Plan number
- 002
- Location
- Draper, UT
- Participants
- 598
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,167,816
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,167,816
- Employer contributions
- $1,184,465
- Participant contributions
- $2,427,341
- Total income / additions
- $6,254,072
- Benefits paid
- $1,052,111
- Administrative expenses
- $97,984
- Total expenses
- $1,150,095
- Net increase / (decrease)
- $5,103,977
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $97,984 | $0 |
| Global Retirement Partners LLC | INVESTMENT ADVISORY | $0 | $32,849 |