It Solutions Consulting 401(K) Plan — Form 5500 plan (It Solutions Consulting, 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, It Solutions Consulting 401(K) Plan is a benefit plan reported by It Solutions Consulting, LLC under EIN 23-3000858 and plan number 001. The latest loaded filing year is 2023. The filing reports 159 participants and $14,686,664 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$14.7MPlan net assets, end of year$14,686,664
Participants159Covered participants reported
Assets / participant$92.4KComputed: assets ÷ participants$92,369 (computed)
Provider compensation$84.4K2 Schedule C provider row(s)$84,359
Plan sponsor
It Solutions Consulting, LLC
EIN
23-3000858
Plan number
001
Plan type
2
Location
Fort Washington, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023159H, C20241003093426NAL0009690385001
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)$14.7M total assets
Net assets$14.7MLiabilities$0
Money in vs. money out
Total income / additions$4.3M
Total expenses$4.8M
Benefits paid / distributions$4.8M
Contributions
Employer$392K
Participant$759.1K
Full reported line items

Net assets

Total assets (EOY)
$14,686,664
Total liabilities (EOY)
$0
Net assets (EOY)
$14,686,664
Net assets (BOY)
$14,630,812

Income & contributions

Employer contributions
$392,003
Participant contributions
$759,124
Total contributions
$1,659,796
Total income / additions
$4,345,470

Expenses & distributions

Benefits paid
$4,758,317
Administrative expenses
$84,359
Total expenses
$4,842,676
Net increase / (decrease)
-$497,206
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.

Contribution share (employer vs. participant)
Employer 34%Participant 66%
Total expenses ÷ net assets33%Computed ratio
Benefits paid ÷ total income110%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Global Retirement Partners.NONE$65,850not reported in the loaded dataset2023
The Vanguard Group, Inc.NONE$18,509$02023

Related Form 5500 pages