Innovative Therapy Concepts, LLC 401(K) Plan — Form 5500 plan (Innovative Therapy Concepts, LLC)
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, Innovative Therapy Concepts, LLC 401(K) Plan is a benefit plan reported by Innovative Therapy Concepts, LLC under EIN 20-8002399 and plan number 001. The latest loaded filing year is 2023. The filing reports 734 participants and $16,795,467 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$16.8MPlan net assets, end of year$16,795,467
Participants734Covered participants reported
Assets / participant$22.9KComputed: assets ÷ participants$22,882 (computed)
Provider compensation$120.7K3 Schedule C provider row(s)$120,718
- Plan sponsor
- Innovative Therapy Concepts, LLC
- EIN
- 20-8002399
- Plan number
- 001
- Plan type
- 2
- Location
- Hawkinsville, GA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 734 | H, C | 20240905015222NAL0010105027001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$16.8M total assets
Net assets$16.8MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $16,795,467
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,795,467
- Net assets (BOY)
- $12,457,440
Income & contributions
- Employer contributions
- $915,307
- Participant contributions
- $1,597,600
- Total contributions
- $2,559,139
- Total income / additions
- $5,051,271
Expenses & distributions
- Benefits paid
- $572,393
- Administrative expenses
- $134,963
- Total expenses
- $713,244
- Net increase / (decrease)
- $4,338,027
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
36%64%
Employer 36%Participant 64%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income11%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Northwestern Mutual Wealth Manageme | INVESTMENT ADVISORY-PLAN | $63,856 | not reported in the loaded dataset | 2023 |
| Transamerica Retirement Solutions | RECORDKEEPER | $40,263 | $0 | 2023 |
| Futureplan By Ascensus | RECORDKEEPER | $16,550 | $49 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Innovative Therapy Concepts, LLC
- 2023 Form 5500 filing
- Form 5500 filings in GA
- 401(k) and benefit plan filings in Hawkinsville, GA
- Northwestern Mutual Wealth Manageme — Schedule C compensation
- Transamerica Retirement Solutions — Schedule C compensation
- Futureplan By Ascensus — Schedule C compensation