Ibts 401(K) Plan — Form 5500 plan (Institute For Building Technology And Safety)
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, Ibts 401(K) Plan is a benefit plan reported by Institute For Building Technology And Safety under EIN 54-1963889 and plan number 001. The latest loaded filing year is 2023. The filing reports 233 participants and $22,364,486 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Institute For Building Technology And Safety
- EIN
- 54-1963889
- Plan number
- 001
- Plan type
- 2
- Location
- Ashburn, VA
- Latest filing year
- 2023
- Participants
- 233
- End-of-year plan assets
- $22,364,486
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 233 | H, C | 20241002094234NAL0008099553001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $22,364,486
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,364,486
- Net assets (BOY)
- $18,017,521
Income & contributions
- Employer contributions
- $614,180
- Participant contributions
- $854,376
- Total contributions
- $1,549,559
- Total income / additions
- $5,543,846
Expenses & distributions
- Benefits paid
- $1,154,998
- Administrative expenses
- $41,883
- Total expenses
- $1,196,881
- Net increase / (decrease)
- $4,346,965
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Global Retirement Partners | NONE | $41,013 | not reported in the loaded dataset | 2023 |
| American United Life Insurance Co | NONE | $1,472 | $16,200 | 2023 |