Ribbon Communications 401(K) Profit Sharing Plan — Form 5500 plan (Ribbon Communications Operating Company, Inc.)
Plain-English plan 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, Ribbon Communications 401(K) Profit Sharing Plan is a benefit plan reported by Ribbon Communications Operating Company, Inc. under EIN 04-3387074 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,512 participants and $313,130,979 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ribbon Communications Operating Company, Inc.
- EIN
- 04-3387074
- Plan number
- 001
- Plan type
- 2
- Location
- Plano, TX
- Latest filing year
- 2023
- Participants
- 1,512
- End-of-year plan assets
- $313,130,979
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,512 | H, C | 20241010085937NAL0009837587001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $313,130,979
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $313,130,979
- Net assets (BOY)
- $287,024,939
Income & contributions
- Employer contributions
- $1,643,878
- Participant contributions
- $9,457,949
- Total contributions
- $11,427,081
- Total income / additions
- $60,403,760
Expenses & distributions
- Benefits paid
- $33,901,105
- Administrative expenses
- $396,615
- Total expenses
- $34,297,720
- Net increase / (decrease)
- $26,106,040
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Prudential Retirement Insurance And | NONE | $131,276 | $0 | 2023 |
| Morgan Stanley Smith Barney Holding | NONE | $118,003 | not reported in the loaded dataset | 2023 |
| Turner, Stone & Company, Llp | NONE | $54,600 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ribbon Communications Operating Company, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Plano, TX
- Prudential Retirement Insurance And — Schedule C compensation
- Morgan Stanley Smith Barney Holding — Schedule C compensation
- Turner, Stone & Company, Llp — Schedule C compensation