Ics Corporation Retirement Savings Plan — Form 5500 plan (Ics Corporation)
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, Ics Corporation Retirement Savings Plan is a benefit plan reported by Ics Corporation under EIN 23-1690665 and plan number 002. The latest loaded filing year is 2023. The filing reports 262 participants and $8,316,139 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ics Corporation
- EIN
- 23-1690665
- Plan number
- 002
- Plan type
- 2
- Location
- West Deptford, NJ
- Latest filing year
- 2023
- Participants
- 262
- End-of-year plan assets
- $8,316,139
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 262 | H, C | 20241015085708NAL0055274066001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,316,139
- Net assets (EOY)
- $8,316,139
- Net assets (BOY)
- $7,148,895
Income & contributions
- Employer contributions
- $154,742
- Participant contributions
- $626,438
- Total contributions
- $812,830
- Total income / additions
- $1,920,928
Expenses & distributions
- Benefits paid
- $703,794
- Administrative expenses
- $49,890
- Total expenses
- $753,684
- Net increase / (decrease)
- $1,167,244
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMISTRATOR | $45,802 | $0 | 2023 |
| Equity Services, Inc. | OTHER SERVICES | $0 | $9,052 | 2023 |
| Atlantic Pension Services, Inc | CONTRACT ADMINISTRATOR | $4,100 | $1,388 | 2023 |