Itc Defense Corp 401(K) Profit Sharing Plan — Form 5500 plan (Itc Defense Corp)
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, Itc Defense Corp 401(K) Profit Sharing Plan is a benefit plan reported by Itc Defense Corp under EIN 45-4256537 and plan number 001. The latest loaded filing year is 2023. The filing reports 120 participants and $4,050,454 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Itc Defense Corp
- EIN
- 45-4256537
- Plan number
- 001
- Plan type
- 2
- Location
- North Charleston, SC
- Latest filing year
- 2023
- Participants
- 120
- End-of-year plan assets
- $4,050,454
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 120 | H, C | 20241014103059NAL0027031249001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,050,454
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,050,454
- Net assets (BOY)
- $3,007,361
Income & contributions
- Employer contributions
- $373,932
- Participant contributions
- $339,685
- Total contributions
- $725,249
- Total income / additions
- $1,294,481
Expenses & distributions
- Benefits paid
- $225,649
- Administrative expenses
- $25,739
- Total expenses
- $251,388
- Net increase / (decrease)
- $1,043,093
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Woodbury Financial Services | ADVISOR | $15,534 | not reported in the loaded dataset | 2023 |
| Retirement Planners & Administrator | THIRD PARTY ADMINISTRATO | $5,400 | not reported in the loaded dataset | 2023 |
| The Vanguard Group | RECORDKEEPER | $4,805 | not reported in the loaded dataset | 2023 |