Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

FTC, INC. 401(K) PLAN

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

FAIL TELECOMMUNICATIONS CORPORATION

This Profit Sharing plan holds N/A in total assets and serves 66 participants as of 2023. It is sponsored by FAIL TELECOMMUNICATIONS CORPORATION in Mississippi.

Total Assets (2023)
N/A
Participants
66
State
Industry
Information & Media

What the Filing Says About FTC, INC. 401(K) PLAN

FTC, INC. 401(K) PLAN is a Profit Sharing retirement plan sponsored by FAIL TELECOMMUNICATIONS CORPORATION, headquartered in Mississippi. As of the 2023 Form 5500 filing, the plan reports N/A in total end-of-year assets and covers 66 participants across the Information & Media industry. The sponsor's EIN on file with the U.S. Department of Labor is 640810143, and the plan has been effective since 1996-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from N/A at the beginning of 2023 to N/A at year-end. Net assets (after liabilities) closed the year at N/A. 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)N/A
Total Assets (End of Year)N/A
Net Assets (End of Year)N/A
Plan TypeProfit Sharing
Employer EIN640810143
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (FAIL TELECOMMUNICATIONS CORPORATION)

Year Plans Participants Total Assets
2022 1 61 N/A
2023 1 66 N/A
2024 1 53 N/A

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Frequently Asked Questions

How much money is in the FTC, INC. 401(K) PLAN?
As of the 2023 Form 5500 filing, FTC, INC. 401(K) PLAN holds N/A in total assets with 66 participants. It is sponsored by FAIL TELECOMMUNICATIONS CORPORATION.
What type of plan is FTC, INC. 401(K) PLAN?
FTC, INC. 401(K) PLAN is a Profit Sharing plan. It has been effective since 1996-01-01. The plan is filed with the U.S. Department of Labor under EIN 640810143.
Who sponsors the FTC, INC. 401(K) PLAN?
FTC, INC. 401(K) PLAN is sponsored by FAIL TELECOMMUNICATIONS CORPORATION, located in Mississippi. The sponsor's EIN is 640810143 and the plan operates in the Information & Media industry.
How did FTC, INC. 401(K) PLAN perform in 2023?
FTC, INC. 401(K) PLAN held N/A in total assets at the end of 2023.
Where can I find official filings for FTC, INC. 401(K) PLAN?
Official Form 5500 filings for FTC, INC. 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 640810143 or plan name at efast.dol.gov.
How does FTC, INC. 401(K) PLAN compare to other plans?
You can compare FTC, INC. 401(K) PLAN against other Profit Sharing plans on the plan type page, or view plans in Mississippi 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 640810143.

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.