2023 Form 5500 filing — Idaho Steel Products, Inc. Profit Sharing 401(K) Retirement Savings Plan
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 20240730115225NAL0011785347001) for Idaho Steel Products, Inc. Profit Sharing 401(K) Retirement Savings Plan, reported by Idaho Steel Products, Inc. under EIN 82-0348615 and plan number 001. It reports 178 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240730115225NAL0011785347001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Idaho Steel Products, Inc.
- EIN
- 82-0348615
- Plan number
- 001
- Location
- Idaho Falls, ID
- Participants
- 178
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $19,474,916
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,474,916
- Employer contributions
- $509,730
- Participant contributions
- $796,448
- Total income / additions
- $4,176,876
- Benefits paid
- $2,494,983
- Administrative expenses
- $62,711
- Total expenses
- $2,557,694
- Net increase / (decrease)
- $1,619,182
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $62,711 | $0 |
| Cetera Advisors LLC | INVESTMENT ADVISORY | $0 | $18,239 |