Ipmg 401(K) Retirement Plan — Form 5500 plan (Indiana Professional Management Group, Inc.)
Plain-English plan 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, Ipmg 401(K) Retirement Plan is a benefit plan reported by Indiana Professional Management Group, Inc. under EIN 20-2603894 and plan number 001. The latest loaded filing year is 2023. The filing reports 561 participants and $8,810,136 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Indiana Professional Management Group, Inc.
- EIN
- 20-2603894
- Plan number
- 001
- Plan type
- 2
- Location
- West Lafayette, IN
- Latest filing year
- 2023
- Participants
- 561
- End-of-year plan assets
- $8,810,136
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 561 | H, C | 20241007105029NAL0027260880001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,810,136
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,810,136
- Net assets (BOY)
- $7,210,200
Income & contributions
- Employer contributions
- $3,581
- Participant contributions
- $894,648
- Total contributions
- $1,004,537
- Total income / additions
- $2,053,708
Expenses & distributions
- Benefits paid
- $409,476
- Administrative expenses
- $44,296
- Total expenses
- $453,772
- Net increase / (decrease)
- $1,599,936
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Advisory Group, LLC | INVESTMENT MGMT | $32,598 | not reported in the loaded dataset | 2023 |
| Fifth Third Bank | INVESTMENT ADVISOR | $11,448 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $250 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Indiana Professional Management Group, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in IN
- 401(k) and benefit plan filings in West Lafayette, IN
- Empower Advisory Group, LLC — Schedule C compensation
- Fifth Third Bank — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation