Iplastics LLC 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Iplastics 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, Iplastics LLC 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Iplastics LLC under EIN 27-2593452 and plan number 001. The latest loaded filing year is 2023. The filing reports 363 participants and $6,903,939 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$6.9MPlan net assets, end of year$6,903,939
Participants363Covered participants reported
Assets / participant$19KComputed: assets ÷ participants$19,019 (computed)
Provider compensation$60.3K2 Schedule C provider row(s)$60,299
- Plan sponsor
- Iplastics LLC
- EIN
- 27-2593452
- Plan number
- 001
- Plan type
- 2
- Location
- Saint Charles, IL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 363 | H, C | 20241011105756NAL0021714817001 |
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)$6.9M total assets
Net assets$6.9MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $6,903,939
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,903,939
- Net assets (BOY)
- $8,061,998
Income & contributions
- Employer contributions
- $285,495
- Participant contributions
- $486,027
- Total contributions
- $771,522
- Total income / additions
- $1,895,960
Expenses & distributions
- Benefits paid
- $2,894,106
- Administrative expenses
- $53,032
- Total expenses
- $3,054,019
- Net increase / (decrease)
- -$1,158,059
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.
37%63%
Employer 37%Participant 63%
Total expenses ÷ net assets44%Computed ratio
Benefits paid ÷ total income153%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Paychex, Inc. | RECORDKEEPER | $31,988 | not reported in the loaded dataset | 2023 |
| Clearwater Capital Partners | ADVISOR | $28,311 | not reported in the loaded dataset | 2023 |