TCN, INC. has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan TCN, INC. 401(K) PLAN
| Measure | Date | Value |
|---|
| 2025 : TCN, INC. 401(K) PLAN 2025 401k financial data |
|---|
| Total transfers to/from plan in this plan year | 2025-03-19 | 0 |
| Total liabilities as of the end of the plan year | 2025-03-19 | 0 |
| Total liabilities as of the beginning of the plan year | 2025-03-19 | 0 |
| Total expenses incurred by plan in this plan year | 2025-03-19 | 622702 |
| Net assets as of the end of the plan year | 2025-03-19 | 6471307 |
| Total assets as of the beginning of the plan year | 2025-03-19 | 5156489 |
| Value of plan covered by a fidelity bond | 2025-03-19 | 500000 |
| Participant contributions to plan in this plan year | 2025-03-19 | 818826 |
| Value of participant loans at end of plan year | 2025-03-19 | 53439 |
| Other expenses paid from plan in this plan year | 2025-03-19 | 0 |
| Other contributions to plan in this plan year | 2025-03-19 | 0 |
| Other income to plan in this plan year | 2025-03-19 | 749881 |
| Plan net income in this plan year | 2025-03-19 | 1314818 |
| Net assets as of the end of the plan year | 2025-03-19 | 6471307 |
| Net assets as of the beginning of the plan year | 2025-03-19 | 5156489 |
| Employer contributions to plan in this plan year | 2025-03-19 | 368813 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-03-19 | 35770 |
| 2024 : TCN, INC. 401(K) PLAN 2024 401k financial data |
|---|
| Total liabilities as of the end of the plan year | 2024-07-30 | 0 |
| Total liabilities as of the beginning of the plan year | 2024-07-30 | 0 |
| Total expenses incurred by plan in this plan year | 2024-07-30 | 73962 |
| Net assets as of the end of the plan year | 2024-07-30 | 5156489 |
| Total assets as of the beginning of the plan year | 2024-07-30 | 3791160 |
| Value of plan covered by a fidelity bond | 2024-07-30 | 400000 |
| Participant contributions to plan in this plan year | 2024-07-30 | 685574 |
| Value of participant loans at end of plan year | 2024-07-30 | 68962 |
| Other expenses paid from plan in this plan year | 2024-07-30 | 0 |
| Other contributions to plan in this plan year | 2024-07-30 | 12478 |
| Other income to plan in this plan year | 2024-07-30 | 735720 |
| Plan net income in this plan year | 2024-07-30 | 1365329 |
| Net assets as of the end of the plan year | 2024-07-30 | 5156489 |
| Net assets as of the beginning of the plan year | 2024-07-30 | 3791160 |
| Employer contributions to plan in this plan year | 2024-07-30 | 5519 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-07-30 | 26087 |
| 2022 : TCN, INC. 401(K) PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $144,310 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $185,753 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $163,838 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $765,950 |
| Value of total assets at end of year | 2022-12-31 | $3,791,160 |
| Value of total assets at beginning of year | 2022-12-31 | $3,832,603 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $21,915 |
| Total interest from all sources | 2022-12-31 | $1,709 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $400,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $462,381 |
| Participant contributions at end of year | 2022-12-31 | $46,790 |
| Participant contributions at beginning of year | 2022-12-31 | $37,402 |
| Other income not declared elsewhere | 2022-12-31 | $2,152 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-41,443 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $3,791,160 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $3,832,603 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $3,209,227 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $3,605,291 |
| Interest on participant loans | 2022-12-31 | $1,709 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $231,574 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $189,910 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-625,501 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $303,569 |
| Employer contributions (assets) at end of year | 2022-12-31 | $303,569 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $163,838 |
| Contract administrator fees | 2022-12-31 | $21,915 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | EIDE BAILLY LLP |
| Accountancy firm EIN | 2022-12-31 | 450250958 |
| Total expenses incurred by plan in this plan year | 2022-07-25 | 87897 |
| Net assets as of the end of the plan year | 2022-07-25 | 3832603 |
| Total assets as of the beginning of the plan year | 2022-07-25 | 3079701 |
| Value of plan covered by a fidelity bond | 2022-07-25 | 400000 |
| Participant contributions to plan in this plan year | 2022-07-25 | 264973 |
| Value of participant loans at end of plan year | 2022-07-25 | 37402 |
| Other contributions to plan in this plan year | 2022-07-25 | 51049 |
| Other income to plan in this plan year | 2022-07-25 | 524777 |
| Plan net income in this plan year | 2022-07-25 | 752902 |
| Net assets as of the end of the plan year | 2022-07-25 | 3832603 |
| Net assets as of the beginning of the plan year | 2022-07-25 | 3079701 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2022-07-25 | 22069 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $144,310 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $185,753 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $163,838 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $765,950 |
| Value of total assets at end of year | 2022-01-01 | $3,791,160 |
| Value of total assets at beginning of year | 2022-01-01 | $3,832,603 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $21,915 |
| Total interest from all sources | 2022-01-01 | $1,709 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $400,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $462,381 |
| Participant contributions at end of year | 2022-01-01 | $46,790 |
| Participant contributions at beginning of year | 2022-01-01 | $37,402 |
| Other income not declared elsewhere | 2022-01-01 | $2,152 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-41,443 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $3,791,160 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $3,832,603 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in pooled separate accounts at end of year | 2022-01-01 | $3,209,227 |
| Value of interest in pooled separate accounts at beginning of year | 2022-01-01 | $3,605,291 |
| Interest on participant loans | 2022-01-01 | $1,709 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-01-01 | $231,574 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-01-01 | $189,910 |
| Net investment gain/loss from pooled separate accounts | 2022-01-01 | $-625,501 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $303,569 |
| Employer contributions (assets) at end of year | 2022-01-01 | $303,569 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $163,838 |
| Contract administrator fees | 2022-01-01 | $21,915 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | EIDE BAILLY LLP |
| Accountancy firm EIN | 2022-01-01 | 450250958 |
