2023 Form 5500 filing — Techlaw Consultants, Inc. Profit Sharing 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 20250707184402NAL0001803619001) for Techlaw Consultants, Inc. Profit Sharing 401(K) Plan, reported by Techlaw Consultants, Inc. under EIN 54-1385706 and plan number 001. It reports 287 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250707184402NAL0001803619001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Techlaw Consultants, Inc.
- EIN
- 54-1385706
- Plan number
- 001
- Location
- Chantilly, VA
- Participants
- 287
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $22,445,076
- Total liabilities (EOY)
- $11,993
- Net assets (EOY)
- $22,433,083
- Employer contributions
- $143,669
- Participant contributions
- $1,181,633
- Total income / additions
- $5,911,219
- Benefits paid
- $8,558,270
- Administrative expenses
- $80,824
- Total expenses
- $8,644,658
- Net increase / (decrease)
- -$2,733,439
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $37,261 | $0 |
| Empower Annuity Insurance Company | RECORDKEEPER | $31,751 | $0 |
| Truist Advisory Services Inc | INVESTMENT ADVISOR | $20,270 | not reported in the loaded dataset |
| Blue Ridge Esop Associates | CONTRACT ADMIN | $75 | $8,456 |
| Empower Advisory Group, LLC | INVESTMENT MANAGER | $633 | not reported in the loaded dataset |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |