Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

T.A.S.C. INC EMPLOYEE RETIREMENT PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

T.A.S.C. INC

This Profit Sharing plan holds $5M in total assets and serves 237 participants as of 2022. It is sponsored by T.A.S.C. INC in Illinois. The plan reported a net loss of $851K for the year.

Total Assets (2023)
$5M
Participants
237
State
Industry
Other Services

What the Filing Says About T.A.S.C. INC EMPLOYEE RETIREMENT PLAN

T.A.S.C. INC EMPLOYEE RETIREMENT PLAN is a Profit Sharing retirement plan sponsored by T.A.S.C. INC, headquartered in Illinois. As of the 2022 Form 5500 filing, the plan reports $5M in total end-of-year assets and covers 237 participants across the Other Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 362870923, and the plan has been effective since 1985-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $6M at the beginning of 2022 to $5M at year-end — a decline of 14.1%. Net assets (after liabilities) closed the year at $5M, with reported net income of $-851,392 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$6M
Total Assets (End of Year)$5M
Net Assets (End of Year)$5M
Net Income$-851,392
Plan TypeProfit Sharing
Employer EIN362870923
Plan Effective Date1985-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (T.A.S.C. INC)

Year Plans Participants Total Assets
2022 1 237 $5M
2023 1 266 $7M
2024 1 279 $8M

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Frequently Asked Questions

How much money is in the T.A.S.C. INC EMPLOYEE RETIREMENT PLAN?
As of the 2022 Form 5500 filing, T.A.S.C. INC EMPLOYEE RETIREMENT PLAN holds $5M in total assets with 237 participants. It is sponsored by T.A.S.C. INC.
What type of plan is T.A.S.C. INC EMPLOYEE RETIREMENT PLAN?
T.A.S.C. INC EMPLOYEE RETIREMENT PLAN is a Profit Sharing plan. It has been effective since 1985-06-01. The plan is filed with the U.S. Department of Labor under EIN 362870923.
Who sponsors the T.A.S.C. INC EMPLOYEE RETIREMENT PLAN?
T.A.S.C. INC EMPLOYEE RETIREMENT PLAN is sponsored by T.A.S.C. INC, located in Illinois. The sponsor's EIN is 362870923 and the plan operates in the Other Services industry.
How did T.A.S.C. INC EMPLOYEE RETIREMENT PLAN perform in 2022?
T.A.S.C. INC EMPLOYEE RETIREMENT PLAN declined by 14.1% during 2022, moving from $6M to $5M in total assets. Net income was $-851,392.
Where can I find official filings for T.A.S.C. INC EMPLOYEE RETIREMENT PLAN?
Official Form 5500 filings for T.A.S.C. INC EMPLOYEE RETIREMENT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 362870923 or plan name at efast.dol.gov.
How does T.A.S.C. INC EMPLOYEE RETIREMENT PLAN compare to other plans?
You can compare T.A.S.C. INC EMPLOYEE RETIREMENT PLAN against other Profit Sharing plans on the plan type page, or view plans in Illinois on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 362870923.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.