Insight Sourcing Group, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Insight Sourcing Group, 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, Insight Sourcing Group, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Insight Sourcing Group, Inc. under EIN 55-0793869 and plan number 001. The latest loaded filing year is 2023. The filing reports 371 participants and $29,846,221 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$29.8MPlan net assets, end of year$29,846,221
Participants371Covered participants reported
Assets / participant$80.4KComputed: assets ÷ participants$80,448 (computed)
Provider compensation$25.8K2 Schedule C provider row(s)$25,769
Plan sponsor
Insight Sourcing Group, Inc.
EIN
55-0793869
Plan number
001
Plan type
2
Location
Norcross, GA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023371H, C20241008234215NAL0031363808001
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)$29.8M total assets
Net assets$29.8MLiabilities$0
Money in vs. money out
Total income / additions$9.7M
Total expenses$2.6M
Benefits paid / distributions$2.6M
Contributions
Employer$1M
Participant$3.6M
Full reported line items

Net assets

Total assets (EOY)
$29,846,221
Total liabilities (EOY)
$0
Net assets (EOY)
$29,846,221
Net assets (BOY)
$22,775,447

Income & contributions

Employer contributions
$1,014,484
Participant contributions
$3,624,789
Total contributions
$5,024,894
Total income / additions
$9,689,761

Expenses & distributions

Benefits paid
$2,602,477
Administrative expenses
$16,510
Total expenses
$2,618,987
Net increase / (decrease)
$7,070,774
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 assets9%Computed ratio
Benefits paid ÷ total income27%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Leafhouse Financial Advisors, LLCSERVICE PROVIDER$13,210not reported in the loaded dataset2023
Loren D. Stark CompanyTHIRD PARTY ADMIN$0$12,5592023

Related Form 5500 pages