Ips Bargaining 401(K) Plan — Form 5500 plan (Integrated Power Services)

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, Ips Bargaining 401(K) Plan is a benefit plan reported by Integrated Power Services under EIN 20-8918703 and plan number 004. The latest loaded filing year is 2023. The filing reports 183 participants and $8,171,279 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8.2MPlan net assets, end of year$8,171,279
Participants183Covered participants reported
Assets / participant$44.7KComputed: assets ÷ participants$44,652 (computed)
Provider compensation$20.2K3 Schedule C provider row(s)$20,159
Plan sponsor
Integrated Power Services
EIN
20-8918703
Plan number
004
Plan type
2
Location
Greenville, SC
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023183H, C20250214050613NAL0013452931001
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)$8.2M total assets
Net assets$8.2MLiabilities$0
Money in vs. money out
Total income / additions$2.1M
Total expenses$554.3K
Benefits paid / distributions$520.9K
Contributions
Employer$294.4K
Participant$634.7K
Full reported line items

Net assets

Total assets (EOY)
$8,171,279
Total liabilities (EOY)
$0
Net assets (EOY)
$8,171,279
Net assets (BOY)
$6,670,971

Income & contributions

Employer contributions
$294,398
Participant contributions
$634,685
Total contributions
$979,205
Total income / additions
$2,065,071

Expenses & distributions

Benefits paid
$520,878
Administrative expenses
$20,159
Total expenses
$554,273
Net increase / (decrease)
$1,510,798

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Adp, Inc.RECORD KEEPER$13,459$02023
Kestra Advisory ServicesINVESTMENT/FINANCIAL ADVI$6,700$02023
Adp Broker-DealerRECORD KEEPER$0$02023

Related Form 5500 pages