2023 Form 5500 filing — Ims Recycling Services, Inc. 401(K) Profit Sharing 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 20241004161555NAL0012423377001) for Ims Recycling Services, Inc. 401(K) Profit Sharing Plan, reported by Ims Recycling Services, Inc. under EIN 95-1929832 and plan number 001. It reports 362 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)$17.2MReported net assets$17,218,312
Participants362
Provider compensation$22.1K3 Schedule C row(s)$22,122
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241004161555NAL0012423377001
- Plan sponsor
- Ims Recycling Services, Inc.
- EIN
- 95-1929832
- Plan number
- 001
- Location
- San Diego, CA
- 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)$17.2M total assets
Net assets$17.2MLiabilities$0
Full reported line items
- Total assets (EOY)
- $17,218,312
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,218,312
- Employer contributions
- $249,307
- Participant contributions
- $1,424,557
- Total income / additions
- $3,768,897
- Benefits paid
- $1,013,200
- Administrative expenses
- $24,425
- Total expenses
- $1,037,625
- Net increase / (decrease)
- $2,731,272
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Mjm401k, LLC | NONE | $13,400 | not reported in the loaded dataset |
| Charles Schwab Trust Company | NONE | $8,722 | $0 |
| Charles Schwab & Co., Inc | NONE | $0 | $0 |