Thing5, LLC 401(K) Plan — Form 5500 plan (Thing5, LLC Dba Cloud5 Communications)

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, Thing5, LLC 401(K) Plan is a benefit plan reported by Thing5, LLC Dba Cloud5 Communications under EIN 76-0826797 and plan number 001. The latest loaded filing year is 2023. The filing reports 186 participants and $5,050,872 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Thing5, LLC Dba Cloud5 Communications
EIN
76-0826797
Plan number
001
Plan type
2
Location
Springfield, MA
Latest filing year
2023
Participants
186
End-of-year plan assets
$5,050,872

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023186H, C20240724145035NAL0013197153001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$5,050,872
Total liabilities (EOY)
$0
Net assets (EOY)
$5,050,872
Net assets (BOY)
$3,723,322

Income & contributions

Employer contributions
$270,887
Participant contributions
$767,896
Total contributions
$1,164,148
Total income / additions
$1,884,843

Expenses & distributions

Benefits paid
$528,693
Administrative expenses
$28,600
Total expenses
$557,293
Net increase / (decrease)
$1,327,550

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life InsuranceCONTRACT ADMINISTRATOR$25,566$02023
Shore Tomkins Actuarial ResourcesCONTRACT ADMINISTRATOR$3,074$1,9472023

Related Form 5500 pages