Turningpoint 401(K) Plan — Form 5500 plan (Turningpoint Global Solutions, LLC)

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, Turningpoint 401(K) Plan is a benefit plan reported by Turningpoint Global Solutions, LLC under EIN 81-0575201 and plan number 001. The latest loaded filing year is 2023. The filing reports 228 participants and $14,836,735 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Turningpoint Global Solutions, LLC
EIN
81-0575201
Plan number
001
Plan type
2
Location
Rockville, MD
Latest filing year
2023
Participants
228
End-of-year plan assets
$14,836,735

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023228H, C20240923130124NAL0006642515001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$14,836,735
Total liabilities (EOY)
$0
Net assets (EOY)
$14,836,735
Net assets (BOY)
$12,535,513

Income & contributions

Employer contributions
$357,448
Participant contributions
$807,023
Total contributions
$1,186,771
Total income / additions
$3,427,307

Expenses & distributions

Benefits paid
$1,052,455
Administrative expenses
$73,630
Total expenses
$1,126,085
Net increase / (decrease)
$2,301,222

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John HancockRECORDKEEPER$44,185not reported in the loaded dataset2023
Morgan Stanley Global Banking OpsRIA$29,445not reported in the loaded dataset2023

Related Form 5500 pages