401k Plan data: TEAM 1ST, LLC 401(K) PROFIT SHARING PLAN plan

TEAM 1ST, LLC 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	TEAM 1ST, LLC 401(K) PROFIT SHARING PLAN
Plan identification number	001

TEAM 1ST, LLC 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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.

401k Sponsoring company profile

TEAM 1ST TECHNOLOGIES LLC has sponsored the creation of one or more 401k plans.

Company Name: TEAM 1ST TECHNOLOGIES LLC

Employer identification number (EIN): 463725387

NAIC Classification: 611000

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TEAM 1ST, LLC 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 DAVID DWORSKY 2023-10-11 DAVID DWORSKY 2023-10-11
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01 DAVID A DWORSKY 2019-09-19 DAVID A DWORSKY 2019-09-19
001 2017-01-01 PATRICIA DWORSKY 2018-11-20 PATRICIA DWORSKY 2018-11-20
001 2016-01-01 PATRICIA DWORSKY 2018-11-20 PATRICIA DWORSKY 2018-11-20
001 2015-01-01 PATRICIA DWORSKY 2018-11-20 PATRICIA DWORSKY 2018-11-20

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01	DAVID DWORSKY	2023-10-11	DAVID DWORSKY	2023-10-11
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01	DAVID A DWORSKY	2019-09-19	DAVID A DWORSKY	2019-09-19
001	2017-01-01	PATRICIA DWORSKY	2018-11-20	PATRICIA DWORSKY	2018-11-20
001	2016-01-01	PATRICIA DWORSKY	2018-11-20	PATRICIA DWORSKY	2018-11-20
001	2015-01-01	PATRICIA DWORSKY	2018-11-20	PATRICIA DWORSKY	2018-11-20

Plan Statistics for TEAM 1ST, LLC 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for TEAM 1ST, LLC 401(K) PROFIT SHARING PLAN

Measure Date Value
2021: TEAM 1ST, LLC 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 7
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 7
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 0
Total of all active and inactive participants 2021-01-01 7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 7
Number of participants with account balances 2021-01-01 7
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: TEAM 1ST, LLC 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 5
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 7
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 0
Total of all active and inactive participants 2020-01-01 7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 7
Number of participants with account balances 2020-01-01 7
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: TEAM 1ST, LLC 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 4
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 5
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 0
Total of all active and inactive participants 2019-01-01 5
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 5
Number of participants with account balances 2019-01-01 3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0

Measure	Date	Value
2021: TEAM 1ST, LLC 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	7
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	7
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	0
Total of all active and inactive participants	2021-01-01	7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	7
Number of participants with account balances	2021-01-01	7
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: TEAM 1ST, LLC 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	5
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	7
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	0
Total of all active and inactive participants	2020-01-01	7
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	7
Number of participants with account balances	2020-01-01	7
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: TEAM 1ST, LLC 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	4
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	5
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	0
Total of all active and inactive participants	2019-01-01	5
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	5
Number of participants with account balances	2019-01-01	3
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0

Financial Data on TEAM 1ST, LLC 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2021 : TEAM 1ST, LLC 401(K) PROFIT SHARING PLAN 2021 401k financial data
Total plan liabilities at end of year	2021-12-31	$0
Total plan liabilities at beginning of year	2021-12-31	$0
Total income from all sources	2021-12-31	$63,107
Expenses. Total of all expenses incurred	2021-12-31	$1,218
Benefits paid (including direct rollovers)	2021-12-31	$0
Total plan assets at end of year	2021-12-31	$560,914
Total plan assets at beginning of year	2021-12-31	$499,025
Total contributions received or receivable from participants	2021-12-31	$22,195
Expenses. Other expenses not covered elsewhere	2021-12-31	$0
Contributions received from other sources (not participants or employers)	2021-12-31	$0
Other income received	2021-12-31	$21,386
Noncash contributions received	2021-12-31	$0
Net income (gross income less expenses)	2021-12-31	$61,889
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$560,914
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$499,025
Assets. Value of participant loans	2021-12-31	$27,013
Assets. Value of employer securities	2021-12-31	$151,400
Total contributions received or receivable from employer(s)	2021-12-31	$19,526
Value of certain deemed distributions of participant loans	2021-12-31	$0
Value of corrective distributions	2021-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$1,218
2020 : TEAM 1ST, LLC 401(K) PROFIT SHARING PLAN 2020 401k financial data
Transfers to/from the plan	2020-12-31	$0
Total plan liabilities at beginning of year	2020-12-31	$2,801
Total income from all sources	2020-12-31	$159,606
Expenses. Total of all expenses incurred	2020-12-31	$1,237
Benefits paid (including direct rollovers)	2020-12-31	$0
Total plan assets at end of year	2020-12-31	$499,025
Total plan assets at beginning of year	2020-12-31	$343,457
Total contributions received or receivable from participants	2020-12-31	$57,277
Expenses. Other expenses not covered elsewhere	2020-12-31	$0
Contributions received from other sources (not participants or employers)	2020-12-31	$0
Other income received	2020-12-31	$3,224
Noncash contributions received	2020-12-31	$0
Net income (gross income less expenses)	2020-12-31	$158,369
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$499,025
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$340,656
Assets. Value of participant loans	2020-12-31	$27,013
Assets. Value of employer securities	2020-12-31	$151,400
Total contributions received or receivable from employer(s)	2020-12-31	$99,105
Value of certain deemed distributions of participant loans	2020-12-31	$0
Value of corrective distributions	2020-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$1,237
2019 : TEAM 1ST, LLC 401(K) PROFIT SHARING PLAN 2019 401k financial data
Transfers to/from the plan	2019-12-31	$0
Total plan liabilities at end of year	2019-12-31	$2,801
Total plan liabilities at beginning of year	2019-12-31	$0
Total income from all sources	2019-12-31	$35,721
Expenses. Total of all expenses incurred	2019-12-31	$3,959
Benefits paid (including direct rollovers)	2019-12-31	$0
Total plan assets at end of year	2019-12-31	$343,457
Total plan assets at beginning of year	2019-12-31	$308,894
Total contributions received or receivable from participants	2019-12-31	$6,456
Expenses. Other expenses not covered elsewhere	2019-12-31	$0
Contributions received from other sources (not participants or employers)	2019-12-31	$6,502
Other income received	2019-12-31	$0
Noncash contributions received	2019-12-31	$22,763
Net income (gross income less expenses)	2019-12-31	$31,762
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$340,656
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$308,894
Assets. Value of participant loans	2019-12-31	$27,013
Assets. Value of employer securities	2019-12-31	$151,400
Total contributions received or receivable from employer(s)	2019-12-31	$0
Value of certain deemed distributions of participant loans	2019-12-31	$0
Value of corrective distributions	2019-12-31	$2,801
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$1,158

Form 5500 Responses for TEAM 1ST, LLC 401(K) PROFIT SHARING PLAN

2021: TEAM 1ST, LLC 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: TEAM 1ST, LLC 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: TEAM 1ST, LLC 401(K) PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	TEAM 1ST TECHNOLOGIES LLC
Employer identification number (EIN):	463725387
NAIC Classification:	611000