Iba Group Insurance Trust — Form 5500 plan (Iba Group Insurance Trust)
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, Iba Group Insurance Trust is a benefit plan reported by Iba Group Insurance Trust under EIN 35-6259970 and plan number 501. The latest loaded filing year is 2023. The filing reports 2,683 participants and $11,223,597 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Iba Group Insurance Trust
- EIN
- 35-6259970
- Plan number
- 501
- Plan type
- 3
- Location
- Indianapolis, IN
- Latest filing year
- 2023
- Participants
- 2,683
- End-of-year plan assets
- $11,223,597
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,683 | H, C | 20250108182134NAL0011258897001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,223,597
- Total liabilities (EOY)
- $3,909,559
- Net assets (EOY)
- $7,314,038
- Net assets (BOY)
- $6,916,787
Income & contributions
- Employer contributions
- $45,970,630
- Participant contributions
- $207,124
- Total contributions
- $46,177,754
- Total income / additions
- $46,781,333
Expenses & distributions
- Benefits paid
- $42,608,706
- Administrative expenses
- $3,775,376
- Total expenses
- $46,384,082
- Net increase / (decrease)
- $397,251
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| United Healthcare Services, Inc. | NONE | $1,277,844 | $0 | 2023 |
| Nfp Property & Casualty Services | NONE | $640,000 | $0 | 2023 |
| Express Script, Inc. | NONE | $137,011 | $0 | 2023 |
| Wellness Iq, Inc. | NONE | $116,083 | $0 | 2023 |
| Alera Group Inc Dba Vital Incite | NONE | $79,677 | $0 | 2023 |
| Bose Mckinney & Evans Llp | NONE | $75,000 | $0 | 2023 |
| Taft Stettinius & Hollister Llp | NONE | $50,034 | $0 | 2023 |
| The Howard E Nyhart Company, Inc | NONE | $37,300 | $0 | 2023 |
| Brady Ware & Schoenfeld, Inc. | NONE | $24,000 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Iba Group Insurance Trust
- 2023 Form 5500 filing
- Form 5500 filings in IN
- 401(k) and benefit plan filings in Indianapolis, IN
- United Healthcare Services, Inc. — Schedule C compensation
- Nfp Property & Casualty Services — Schedule C compensation
- Express Script, Inc. — Schedule C compensation
- Wellness Iq, Inc. — Schedule C compensation
- Alera Group Inc Dba Vital Incite — Schedule C compensation
- Bose Mckinney & Evans Llp — Schedule C compensation
- Taft Stettinius & Hollister Llp — Schedule C compensation
- The Howard E Nyhart Company, Inc — Schedule C compensation
- Brady Ware & Schoenfeld, Inc. — Schedule C compensation