Ideal Innovations, Inc. 401(K) Plan — Form 5500 plan (Ideal Innovations Incorporated)
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, Ideal Innovations, Inc. 401(K) Plan is a benefit plan reported by Ideal Innovations Incorporated under EIN 38-3391089 and plan number 001. The latest loaded filing year is 2023. The filing reports 250 participants and $22,864,225 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ideal Innovations Incorporated
- EIN
- 38-3391089
- Plan number
- 001
- Plan type
- 2
- Location
- Arlington, VA
- Latest filing year
- 2023
- Participants
- 250
- End-of-year plan assets
- $22,864,225
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 250 | H, C | 20241007093913NAL0027162416001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $22,864,225
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,864,225
- Net assets (BOY)
- $19,437,738
Income & contributions
- Employer contributions
- $259,342
- Participant contributions
- $973,234
- Total contributions
- $1,274,515
- Total income / additions
- $4,560,930
Expenses & distributions
- Benefits paid
- $1,073,811
- Administrative expenses
- $60,632
- Total expenses
- $1,134,443
- Net increase / (decrease)
- $3,426,487
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $27,782 | $0 | 2023 |
| Kestra Investment Services LLC | ADVISOR | $18,000 | not reported in the loaded dataset | 2023 |
| Sc&H Attest Services, P.C. | ACCOUNTANT/AUDITOR | $14,850 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ideal Innovations Incorporated
- 2023 Form 5500 filing
- Form 5500 filings in VA
- 401(k) and benefit plan filings in Arlington, VA
- Fidelity Investments Institutional — Schedule C compensation
- Kestra Investment Services LLC — Schedule C compensation
- Sc&H Attest Services, P.C. — Schedule C compensation