2023 Form 5500 filing — I.C. System, Inc. Savings Plus 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 20240927140616NAL0004446258001) for I.C. System, Inc. Savings Plus Plan, reported by I.C. System, Inc. under EIN 41-0739183 and plan number 001. It reports 537 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)$34.4MReported net assets$34,363,459
Participants537
Provider compensation$54.2K2 Schedule C row(s)$54,232
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240927140616NAL0004446258001
Plan sponsor
I.C. System, Inc.
EIN
41-0739183
Plan number
001
Location
St. Paul, MN
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)$34.4M total assets
Net assets$34.4MLiabilities$0
Money in vs. money out
Total income / additions$6.4M
Total expenses$4.7M
Benefits paid / distributions$4.7M
Contributions
Employer$217.4K
Participant$1.2M
Full reported line items
Total assets (EOY)
$34,363,459
Total liabilities (EOY)
$0
Net assets (EOY)
$34,363,459
Employer contributions
$217,410
Participant contributions
$1,201,433
Total income / additions
$6,368,814
Benefits paid
$4,670,768
Administrative expenses
$54,232
Total expenses
$4,740,042
Net increase / (decrease)
$1,628,772

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Intellicents Investment Solutions IINVESTMENT ADVISOR$32,000not reported in the loaded dataset
Empower Annuity Insurance Company ORECORDKEEPER$22,232$0

Related Form 5500 pages