Plan5500

Team Solutions 401(K) Plan — Form 5500 plan (Team Industrial Services, 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, Team Solutions 401(K) Plan is a benefit plan reported by Team Industrial Services, Inc. under EIN 34-1475279 and plan number 005. The latest loaded filing year is 2023. The filing reports 187 participants and $571,005 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Team Industrial Services, Inc.
EIN
34-1475279
Plan number
005
Plan type
2
Location
Taylor, MI
Latest filing year
2023
Participants
187
End-of-year plan assets
$571,005

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023187H, C20241010091651NAL0011326291001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$571,005
Net assets (EOY)
$571,005
Net assets (BOY)
$1,512,683

Income & contributions

Employer contributions
$8,832
Participant contributions
$18,682
Total contributions
$27,514
Total income / additions
$138,912

Expenses & distributions

Benefits paid
$1,047,815
Administrative expenses
$23,624
Total expenses
$1,080,590
Net increase / (decrease)
-$941,678

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Pension Innovations & ConsultingADMINISTRATOR$13,008$02023
CgrpsRECORDKEEPER$5,640$02023
Royal Alliance Associates, Inc.FINANCIAL ADVISOR$4,967$02023

Related Form 5500 pages