2023 Form 5500 filing — It Concepts 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 20241015095703NAL0048739968001) for It Concepts 401(K) Plan, reported by It Concepts under EIN 83-0377840 and plan number 001. It reports 393 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)$19.5MReported net assets$19,510,246
Participants393
Provider compensation$51.6K2 Schedule C row(s)$51,556
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015095703NAL0048739968001
Plan sponsor
It Concepts
EIN
83-0377840
Plan number
001
Location
Vienna, VA
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
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)$19.5M total assets
Net assets$19.5MLiabilities
Money in vs. money out
Total income / additions$8.5M
Total expenses$1.6M
Benefits paid / distributions$1.5M
Contributions
Employer$1.4M
Participant$2.9M
Full reported line items
Total assets (EOY)
$19,510,246
Net assets (EOY)
$19,510,246
Employer contributions
$1,362,707
Participant contributions
$2,921,421
Total income / additions
$8,467,682
Benefits paid
$1,495,700
Administrative expenses
$59,799
Total expenses
$1,555,499
Net increase / (decrease)
$6,912,183
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    INVESTMENT ADVISOR · Direct $41.6K
  2. 2
    RECORDKEEPER AND CUSTODI · Direct $9.9K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241015095703NAL0048739968001 cover?
It is the 2023 Form 5500 filing for It Concepts 401(K) Plan, reported by It Concepts (EIN 83-0377840).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages