2023 Form 5500 filing — Information Technology Coalition Inc Wrap Employee Benefit 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 20240802150355NAL0014298371001) for Information Technology Coalition Inc Wrap Employee Benefit Plan, reported by Itc Federal LLC under EIN 20-5581516 and plan number 502. It reports 1,041 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240802150355NAL0014298371001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Itc Federal LLC
- EIN
- 20-5581516
- Plan number
- 502
- Location
- Fairfax, VA
- Participants
- 1,041
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $450,024
- Total liabilities (EOY)
- $692,753
- Net assets (EOY)
- -$242,729
- Employer contributions
- $7,425,762
- Participant contributions
- $1,382,503
- Total income / additions
- $8,825,289
- Benefits paid
- $8,331,403
- Administrative expenses
- $297,577
- Total expenses
- $8,628,980
- Net increase / (decrease)
- $196,309
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Cigna Health And Life Insurance Co | ASO CLAIMS ADMIN | $439,165 | $0 |
| Government Service Contractors | RECORDKEEPER | $248,299 | not reported in the loaded dataset |
| Cigna Health And Life Insurance Co | ASO CLAIMS ADMIN | $242,273 | $0 |
| Government Service Contractors | RECORDKEEPER | $164,343 | not reported in the loaded dataset |
| The Capital Group Inc | BROKER | $0 | $115,412 |
| Meltzer Group Inc | BROKER | $0 | $64,438 |
| Plante & Moran Pllc | AUDITOR | $34,220 | not reported in the loaded dataset |
| Plante & Moran Pllc | AUDITOR | $22,407 | not reported in the loaded dataset |
| Matrix Payroll Services Inc | LOA AND ADA RECORDKEEPE | $17,011 | not reported in the loaded dataset |
| Wilmington Trust | TRUSTEE | $9,860 | not reported in the loaded dataset |