Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

TALASCEND, LLC 401(K) PLAN

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

TALASCEND, LLC

This Profit Sharing plan holds $15M in total assets and serves 419 participants as of 2023. It is sponsored by TALASCEND, LLC in Michigan. The plan reported positive net income of $3M for the year.

Total Assets (2023)
$15M
Participants
419
State
Industry
Administrative & Support Services

What the Filing Says About TALASCEND, LLC 401(K) PLAN

TALASCEND, LLC 401(K) PLAN is a Profit Sharing retirement plan sponsored by TALASCEND, LLC, headquartered in Michigan. As of the 2023 Form 5500 filing, the plan reports $15M in total end-of-year assets and covers 419 participants across the Administrative & Support Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 743034970, and the plan has been effective since 2002-09-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $12M at the beginning of 2023 to $15M at year-end — a gain of 24.2%. Net assets (after liabilities) closed the year at $15M, with reported net income of $3M 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)$12M
Total Assets (End of Year)$15M
Net Assets (End of Year)$15M
Net Income$3M
Plan TypeProfit Sharing
Employer EIN743034970
Plan Effective Date2002-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (TALASCEND, LLC)

Year Plans Participants Total Assets
2022 1 479 $12M
2023 1 419 $15M
2024 1 390 $18M

Nearby Profit Sharing Plans in Michigan

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the TALASCEND, LLC 401(K) PLAN?
As of the 2023 Form 5500 filing, TALASCEND, LLC 401(K) PLAN holds $15M in total assets with 419 participants. It is sponsored by TALASCEND, LLC.
What type of plan is TALASCEND, LLC 401(K) PLAN?
TALASCEND, LLC 401(K) PLAN is a Profit Sharing plan. It has been effective since 2002-09-01. The plan is filed with the U.S. Department of Labor under EIN 743034970.
Who sponsors the TALASCEND, LLC 401(K) PLAN?
TALASCEND, LLC 401(K) PLAN is sponsored by TALASCEND, LLC, located in Michigan. The sponsor's EIN is 743034970 and the plan operates in the Administrative & Support Services industry.
How did TALASCEND, LLC 401(K) PLAN perform in 2023?
TALASCEND, LLC 401(K) PLAN grew by 24.2% during 2023, moving from $12M to $15M in total assets. Net income was $3M.
Where can I find official filings for TALASCEND, LLC 401(K) PLAN?
Official Form 5500 filings for TALASCEND, LLC 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 743034970 or plan name at efast.dol.gov.
How does TALASCEND, LLC 401(K) PLAN compare to other plans?
You can compare TALASCEND, LLC 401(K) PLAN against other Profit Sharing plans on the plan type page, or view plans in Michigan 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 743034970.

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.