Teksouth Corporation Employee Stock Ownership Plan — Form 5500 plan (Teksouth 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, Teksouth Corporation Employee Stock Ownership Plan is a benefit plan reported by Teksouth Corporation under EIN 63-0847337 and plan number 002. The latest loaded filing year is 2023. The filing reports 176 participants and $4,158,172 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Teksouth Corporation
- EIN
- 63-0847337
- Plan number
- 002
- Plan type
- 2
- Location
- Gardendale, AL
- Latest filing year
- 2023
- Participants
- 176
- End-of-year plan assets
- $4,158,172
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 176 | H | 20241011160608NAL0023180625001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,158,172
- Total liabilities (EOY)
- $2,351,124
- Net assets (EOY)
- $1,807,048
- Net assets (BOY)
- -$837,341
Income & contributions
- Employer contributions
- $264,627
- Total contributions
- $264,627
- Total income / additions
- $2,714,767
Expenses & distributions
- Benefits paid
- $13,795
- Administrative expenses
- $25
- Total expenses
- $70,378
- Net increase / (decrease)
- $2,644,389
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.