2023 Form 5500 filing — Ikav Energy Inc. 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 20241007091243NAL0015856465001) for Ikav Energy Inc. 401(K) Plan, reported by Ikav Energy Inc. under EIN 84-4565981 and plan number 001. It reports 233 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007091243NAL0015856465001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Ikav Energy Inc.
- EIN
- 84-4565981
- Plan number
- 001
- Location
- Durango, CO
- Participants
- 233
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,351,619
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,351,619
- Employer contributions
- $684,760
- Participant contributions
- $1,986,651
- Total income / additions
- $5,020,727
- Benefits paid
- $1,077,522
- Administrative expenses
- $52,191
- Total expenses
- $1,144,159
- Net increase / (decrease)
- $3,876,568
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Ins. Co. Of Amer. | RECORDKEEPER | $38,690 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $15,655 | not reported in the loaded dataset |
| Employee Benefits Group, LLC | CONTRACT ADMIN | $0 | $9,919 |