Imtas 401(K) Plan — Form 5500 plan (Innovative Management & Technology Approaches, Inc.)

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, Imtas 401(K) Plan is a benefit plan reported by Innovative Management & Technology Approaches, Inc. under EIN 54-1742722 and plan number 001. The latest loaded filing year is 2023. The filing reports 254 participants and $5,467,689 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$5.5MPlan net assets, end of year$5,467,689
Participants254Covered participants reported
Assets / participant$21.5KComputed: assets ÷ participants$21,526 (computed)
Provider compensation$4K4 Schedule C provider row(s)$4,038
Plan sponsor
Innovative Management & Technology Approaches, Inc.
EIN
54-1742722
Plan number
001
Plan type
2
Location
Reston, VA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023254H, C20240729110014NAL0019247921001
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)$5.5M total assets
Net assets$5.5MLiabilities$0
Money in vs. money out
Total income / additions$996.1K
Total expenses$858.3K
Benefits paid / distributions$842.8K
Contributions
Employer$45.4K
Participant$163.3K
Full reported line items

Net assets

Total assets (EOY)
$5,467,689
Total liabilities (EOY)
$0
Net assets (EOY)
$5,467,689
Net assets (BOY)
$5,329,848

Income & contributions

Employer contributions
$45,366
Participant contributions
$163,294
Total contributions
$208,660
Total income / additions
$996,098

Expenses & distributions

Benefits paid
$842,808
Administrative expenses
$13,673
Total expenses
$858,257
Net increase / (decrease)
$137,841
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 22%Participant 78%
Total expenses ÷ net assets16%Computed ratio
Benefits paid ÷ total income85%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Uniglobal Pension Planning, IncOTHER SERVICES/TPA$0$2,7192023
MorningstarINVESTMENT ADVISORY$0$8792023
Morningstar Investment ManagementINVESTMENT ADVISORY$220not reported in the loaded dataset2023
Voya Retirement Insurance And AnnuiINVESTMENT ADVISORY PART$220$02023

Related Form 5500 pages