2023 Form 5500 filing — Evolve Ip, LLC 401(K) 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 20240807112056NAL0003593857001) for Evolve Ip, LLC 401(K) Plan, reported by Evolve Ip, LLC under EIN 20-8562435 and plan number 001. It reports 317 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240807112056NAL0003593857001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Evolve Ip, LLC
- EIN
- 20-8562435
- Plan number
- 001
- Location
- Wayne, PA
- Participants
- 317
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,980,941
- Total liabilities (EOY)
- $15,729
- Net assets (EOY)
- $10,965,212
- Employer contributions
- $165,453
- Participant contributions
- $1,236,898
- Total income / additions
- $3,450,632
- Benefits paid
- $2,142,285
- Administrative expenses
- $63,469
- Total expenses
- $2,205,754
- Net increase / (decrease)
- $1,244,878
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Kathmere Capital Mgmt LLC | INVESTMENT ADV, OTHER | $30,166 | not reported in the loaded dataset |
| Empower Annuity Insurance Co Of Am | RECORD KEEPER | $28,362 | $0 |
| Dorsa Consulting Services | CONTRACT ADMIN | $2,950 | $10,000 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $5,753 | not reported in the loaded dataset |