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TEAM SOLUTIONS SALARIED EMPLOYEES 401(K) PLAN 401k Plan overview

Plan NameTEAM SOLUTIONS SALARIED EMPLOYEES 401(K) PLAN
Plan identification number 001

TEAM SOLUTIONS SALARIED EMPLOYEES 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

TEAM INDUSTRIAL SERVICES, INC. has sponsored the creation of one or more 401k plans.

Company Name:TEAM INDUSTRIAL SERVICES, INC.
Employer identification number (EIN):341475279
NAIC Classification:561210
NAIC Description:Facilities Support Services

Additional information about TEAM INDUSTRIAL SERVICES, INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2006-02-09
Company Identification Number: 0800611790
Legal Registered Office Address: 12640 DELTA ST

TAYLOR
United States of America (USA)
48180

More information about TEAM INDUSTRIAL SERVICES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TEAM SOLUTIONS SALARIED EMPLOYEES 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01

Financial Data on TEAM SOLUTIONS SALARIED EMPLOYEES 401(K) PLAN

Measure Date Value
2025 : TEAM SOLUTIONS SALARIED EMPLOYEES 401(K) PLAN 2025 401k financial data
Total liabilities as of the end of the plan year2025-10-023066
Total expenses incurred by plan in this plan year2025-10-0244928
Net assets as of the end of the plan year2025-10-02214499
Total assets as of the beginning of the plan year2025-10-02150332
Participant contributions to plan in this plan year2025-10-0253091
Value of participant loans at end of plan year2025-10-026574
Other income to plan in this plan year2025-10-0222938
Plan net income in this plan year2025-10-0261101
Net assets as of the end of the plan year2025-10-02211433
Net assets as of the beginning of the plan year2025-10-02150332
Employer contributions to plan in this plan year2025-10-0230000
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-024441
2024 : TEAM SOLUTIONS SALARIED EMPLOYEES 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-0742351
Net assets as of the end of the plan year2024-10-07150332
Total assets as of the beginning of the plan year2024-10-07112683
Participant contributions to plan in this plan year2024-10-0739249
Value of participant loans at end of plan year2024-10-0711515
Other contributions to plan in this plan year2024-10-074151
Other income to plan in this plan year2024-10-0719364
Plan net income in this plan year2024-10-0737649
Net assets as of the end of the plan year2024-10-07150332
Net assets as of the beginning of the plan year2024-10-07112683
Employer contributions to plan in this plan year2024-10-0717236
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-073895
2022 : TEAM SOLUTIONS SALARIED EMPLOYEES 401(K) PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-1218194
Net assets as of the end of the plan year2022-10-12105850
Total assets as of the beginning of the plan year2022-10-12102754
Participant contributions to plan in this plan year2022-10-128035
Value of participant loans at end of plan year2022-10-128277
Other income to plan in this plan year2022-10-1211439
Plan net income in this plan year2022-10-123096
Net assets as of the end of the plan year2022-10-12105850
Net assets as of the beginning of the plan year2022-10-12102754
Employer contributions to plan in this plan year2022-10-121816
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-125271

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