401(k)
2022 plan-year 401(k) DOL Form 5500

Telesis, Inc. 401(k) Profit Sharing Plan

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

Sponsored by Telesis, Inc. · Nebraska · Management of Enterprises

What the 2023 filing shows

Telesis, Inc. 401(k) Profit Sharing Plan holds $9M for 188 participants — about $45,294 per participant, down 18.0% over the 2022 plan year.

$9M
total plan assets (2022 EOY)
188
covered participants
$45,294
avg assets per participant
-18.0%
assets change YoY

The plan reported a net loss of $2M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$9M
Participants
188
State
Industry
Management of Enterprises

What the Filing Says About Telesis, Inc. 401(k) Profit Sharing Plan

Telesis, Inc. 401(k) Profit Sharing Plan is a 401(k) retirement plan sponsored by Telesis, Inc., headquartered in Nebraska. As of the 2022 Form 5500 filing, the plan reports $9M in total end-of-year assets and covers 188 participants across the Management of Enterprises industry. The sponsor's EIN on file with the U.S. Department of Labor is 470752206, and the plan has been effective since 1999-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $10M at the beginning of 2022 to $9M at year-end — a decline of 18.0%. Net assets (after liabilities) closed the year at $9M, with reported net income of $-1,868,775 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.

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)$10M
Total Assets (End of Year)$9M
Net Assets (End of Year)$9M
Net Income$-1,868,775
Plan Type401(k)
Employer EIN470752206
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the Telesis, Inc. 401(k) Profit Sharing Plan?
As of the 2022 Form 5500 filing, Telesis, Inc. 401(k) Profit Sharing Plan holds $9M in total assets with 188 participants. It is sponsored by Telesis, Inc..
What type of plan is Telesis, Inc. 401(k) Profit Sharing Plan?
Telesis, Inc. 401(k) Profit Sharing Plan is a 401(k) plan. It has been effective since 1999-01-01. The plan is filed with the U.S. Department of Labor under EIN 470752206.
Who sponsors the Telesis, Inc. 401(k) Profit Sharing Plan?
Telesis, Inc. 401(k) Profit Sharing Plan is sponsored by Telesis, Inc., located in Nebraska. The sponsor's EIN is 470752206 and the plan operates in the Management of Enterprises industry.
How did Telesis, Inc. 401(k) Profit Sharing Plan perform in 2022?
Telesis, Inc. 401(k) Profit Sharing Plan declined by 18.0% during 2022, moving from $10M to $9M in total assets. Net income was $-1,868,775.
Where can I find official filings for Telesis, Inc. 401(k) Profit Sharing Plan?
Official Form 5500 filings for Telesis, Inc. 401(k) Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 470752206 or plan name at efast.dol.gov.
How does Telesis, Inc. 401(k) Profit Sharing Plan compare to other plans?
You can compare Telesis, Inc. 401(k) Profit Sharing Plan against other 401(k) plans on the plan type page, or view plans in Nebraska 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 470752206.

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 U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.