Tessco Technologies Incorporated 401(K) Retirement Savings Plan — Form 5500 plan (Tessco Technologies Incorporated)

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, Tessco Technologies Incorporated 401(K) Retirement Savings Plan is a benefit plan reported by Tessco Technologies Incorporated under EIN 52-0729657 and plan number 001. The latest loaded filing year is 2023. The filing reports 797 participants and $59,031,350 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Tessco Technologies Incorporated
EIN
52-0729657
Plan number
001
Plan type
2
Location
Hunt Valley, MD
Latest filing year
2023
Participants
797
End-of-year plan assets
$59,031,350

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023797H, C20241015111816NAL0028177281001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$59,031,350
Total liabilities (EOY)
$0
Net assets (EOY)
$59,031,350
Net assets (BOY)
$52,623,751

Income & contributions

Employer contributions
$907,511
Participant contributions
$3,124,001
Total contributions
$4,083,443
Total income / additions
$15,670,300

Expenses & distributions

Benefits paid
$9,087,621
Administrative expenses
$175,080
Total expenses
$9,262,701
Net increase / (decrease)
$6,407,599

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Milliman, Inc.NONE$124,561not reported in the loaded dataset2023
Greenspring AdvisorsNONE$37,500not reported in the loaded dataset2023
Charles Schwab Trust BankNONE$14$15,2092023
Sc&H Attest Services, P.C.NONE$13,000not reported in the loaded dataset2023

Related Form 5500 pages