The Title Team 401(K) Profit Sharing Plan — Form 5500 plan (The Title Team Co)
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, The Title Team 401(K) Profit Sharing Plan is a benefit plan reported by The Title Team Co under EIN 45-0249312 and plan number 001. The latest loaded filing year is 2023. The filing reports 328 participants and $21,892,120 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Title Team Co
- EIN
- 45-0249312
- Plan number
- 001
- Plan type
- 2
- Location
- Bismarck, ND
- Latest filing year
- 2023
- Participants
- 328
- End-of-year plan assets
- $21,892,120
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 328 | H, C | 20241007104825NAL0030634194002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,892,120
- Net assets (EOY)
- $21,892,120
- Net assets (BOY)
- $17,919,458
Income & contributions
- Employer contributions
- $820,409
- Participant contributions
- $984,832
- Total contributions
- $2,499,565
- Total income / additions
- $5,460,623
Expenses & distributions
- Benefits paid
- $1,395,899
- Administrative expenses
- $92,062
- Total expenses
- $1,487,961
- Net increase / (decrease)
- $3,972,662
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Bravera Wealth | TRUSTEE/RECORDKEEPER | $92,062 | $0 | 2023 |