2023 Form 5500 filing — Ihi Group 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 20241015091703NAL0014296755001) for Ihi Group 401(K) Profit Sharing Plan, reported by Ihi Americas Inc. under EIN 83-4230011 and plan number 002. It reports 1,144 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015091703NAL0014296755001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Ihi Americas Inc.
- EIN
- 83-4230011
- Plan number
- 002
- Location
- New York, NY
- Participants
- 1,144
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $144,445,163
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $144,445,163
- Employer contributions
- $6,341,848
- Participant contributions
- $9,924,172
- Total income / additions
- $42,200,150
- Benefits paid
- $10,881,250
- Administrative expenses
- $232,967
- Total expenses
- $11,452,559
- Net increase / (decrease)
- $30,747,591
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Mercer Investments LLC | CONSULTANT | $0 | $274,167 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $232,967 | $0 |
| The Benefit Practice | OTHER SERVICES | $0 | $48,598 |