Time Equities, Inc. 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Time Equities, 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, Time Equities, Inc. 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Time Equities, Inc. under EIN 13-2659445 and plan number 001. The latest loaded filing year is 2023. The filing reports 218 participants and $30,659,861 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Time Equities, Inc.
EIN
13-2659445
Plan number
001
Plan type
2
Location
New York, NY
Latest filing year
2023
Participants
218
End-of-year plan assets
$30,659,861

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023218H, C20240924111825NAL0012876769001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$30,659,861
Net assets (EOY)
$30,659,861
Net assets (BOY)
$28,479,177

Income & contributions

Employer contributions
$406,737
Participant contributions
$1,664,266
Total contributions
$2,088,138
Total income / additions
$6,284,511

Expenses & distributions

Benefits paid
$3,999,949
Administrative expenses
$90,653
Total expenses
$4,103,827
Net increase / (decrease)
$2,180,684

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Thrivent Advisor Network LLCINVESTMENT ADVISOR$74,816$02023
Leafhouse Financial Advisors, LLCINVESTMENT ADVISOR$14,329$02023
United Benefit Pensions Inc.CONTRACT ADMIN$11,225$02023
Empower Advisory Group, LLCINVESTMENT MGMT$4,289$02023
Empower Life & Annuity Ins Co Of NyRECORDKEEPER$0$02023

Related Form 5500 pages