Tecnico Corporation 401(K) Plan — Form 5500 plan (Tecnico Corporation)
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, Tecnico Corporation 401(K) Plan is a benefit plan reported by Tecnico Corporation under EIN 54-1571418 and plan number 004. The latest loaded filing year is 2023. The filing reports 815 participants and $32,030,410 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Tecnico Corporation
- EIN
- 54-1571418
- Plan number
- 004
- Plan type
- 2
- Location
- Chesapeake, VA
- Latest filing year
- 2023
- Participants
- 815
- End-of-year plan assets
- $32,030,410
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 815 | H, C | 20241014123031NAL0027272609001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $32,030,410
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $32,030,410
- Net assets (BOY)
- $29,303,797
Income & contributions
- Employer contributions
- $336,375
- Participant contributions
- $2,761,188
- Total contributions
- $3,601,381
- Total income / additions
- $7,440,705
Expenses & distributions
- Benefits paid
- $5,197,877
- Administrative expenses
- $127,030
- Total expenses
- $5,322,046
- Net increase / (decrease)
- $2,118,659
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $69,490 | $0 | 2023 |
| The Ascent Group LLC | INVESTMENT ADVISOR | $57,540 | not reported in the loaded dataset | 2023 |