2023 Form 5500 filing — Independent Insurance Agents & Brokers Of South Carolina, Inc. Group Insurance Trust

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240723150740NAL0011529009001) for Independent Insurance Agents & Brokers Of South Carolina, Inc. Group Insurance Trust, reported by Independent Insurance Agents & Brokers Of South Carolina, Inc. under EIN 81-6928444 and plan number 501. It reports 127 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 3 · 2023

Filing snapshot

Net assets (EOY)$1.8KReported net assets$1,772
Participants127
Provider compensation$6.2K1 Schedule C row(s)$6,222
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240723150740NAL0011529009001
Plan sponsor
Independent Insurance Agents & Brokers Of South Carolina, Inc.
EIN
81-6928444
Plan number
501
Location
Columbia, SC
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$8.6K total assets
Net assets$1.8KLiabilities$6.8K
Money in vs. money out
Total income / additions$1.5M
Total expenses$1.5M
Benefits paid / distributions$1.5M
Contributions
Employer$1.5M
ParticipantNot reported
Full reported line items
Total assets (EOY)
$8,613
Total liabilities (EOY)
$6,841
Net assets (EOY)
$1,772
Employer contributions
$1,513,500
Total income / additions
$1,513,500
Benefits paid
$1,505,999
Administrative expenses
$6,222
Total expenses
$1,512,221
Net increase / (decrease)
$1,279

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
First Citizens BankNONE$6,222not reported in the loaded dataset

Related Form 5500 pages