Teamworks Innovations, Inc. 401(K) Plan — Form 5500 plan (Teamworks Innovations, Inc.)

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, Teamworks Innovations, Inc. 401(K) Plan is a benefit plan reported by Teamworks Innovations, Inc. under EIN 81-2787532 and plan number 001. The latest loaded filing year is 2023. The filing reports 233 participants and $9,234,265 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Teamworks Innovations, Inc.
EIN
81-2787532
Plan number
001
Plan type
2
Location
Durham, NC
Latest filing year
2023
Participants
233
End-of-year plan assets
$9,234,265

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023233H, C20250311101649NAL0017600913001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$9,234,265
Total liabilities (EOY)
$0
Net assets (EOY)
$9,234,265
Net assets (BOY)
$5,985,583

Income & contributions

Employer contributions
$557,197
Participant contributions
$1,816,761
Total contributions
$2,577,677
Total income / additions
$3,911,139

Expenses & distributions

Benefits paid
$586,302
Administrative expenses
$76,155
Total expenses
$662,457
Net increase / (decrease)
$3,248,682

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Integrated Wealth Concepts LLCINVESTMENT ADVISORY$69,434$242023
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$5,728$02023

Related Form 5500 pages