2023 Form 5500 filing — Innovative Therapy Concepts, 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 20240905015222NAL0010105027001) for Innovative Therapy Concepts, LLC 401(K) Plan, reported by Innovative Therapy Concepts, LLC under EIN 20-8002399 and plan number 001. It reports 734 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$16.8MReported net assets$16,795,467
Participants734
Provider compensation$120.7K3 Schedule C row(s)$120,718
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240905015222NAL0010105027001
- Plan sponsor
- Innovative Therapy Concepts, LLC
- EIN
- 20-8002399
- Plan number
- 001
- Location
- Hawkinsville, GA
- 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)$16.8M total assets
Net assets$16.8MLiabilities$0
Full reported line items
- Total assets (EOY)
- $16,795,467
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,795,467
- Employer contributions
- $915,307
- Participant contributions
- $1,597,600
- Total income / additions
- $5,051,271
- Benefits paid
- $572,393
- Administrative expenses
- $134,963
- Total expenses
- $713,244
- Net increase / (decrease)
- $4,338,027
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Northwestern Mutual Wealth Manageme | INVESTMENT ADVISORY-PLAN | $63,856 | not reported in the loaded dataset |
| Transamerica Retirement Solutions | RECORDKEEPER | $40,263 | $0 |
| Futureplan By Ascensus | RECORDKEEPER | $16,550 | $49 |