2023 Form 5500 filing — 401(K) Savings Plan Of The Ideal Group Of Companies
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 20240801125714NAL0015204131001) for 401(K) Savings Plan Of The Ideal Group Of Companies, reported by The Ideal Group, Inc. under EIN 38-3517635 and plan number 001. It reports 442 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240801125714NAL0015204131001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Ideal Group, Inc.
- EIN
- 38-3517635
- Plan number
- 001
- Location
- Detroit, MI
- Participants
- 442
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $25,953,418
- Net assets (EOY)
- $25,953,418
- Employer contributions
- $833,275
- Participant contributions
- $1,964,754
- Total income / additions
- $6,565,664
- Benefits paid
- $465,054
- Administrative expenses
- $93,120
- Total expenses
- $558,174
- Net increase / (decrease)
- $6,007,490
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Equitable Advisors LLC | ADVISOR | $53,544 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $39,577 | $0 |