Insulating Services, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Insulating Services, 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, Insulating Services, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Insulating Services, Inc. under EIN 56-1052301 and plan number 001. The latest loaded filing year is 2023. The filing reports 250 participants and $6,005,208 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$6MPlan net assets, end of year$6,005,208
Participants250Covered participants reported
Assets / participant$24KComputed: assets ÷ participants$24,021 (computed)
Provider compensation$34.6K2 Schedule C provider row(s)$34,634
- Plan sponsor
- Insulating Services, Inc.
- EIN
- 56-1052301
- Plan number
- 001
- Plan type
- 2
- Location
- Charlotte, NC
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 250 | H, C | 20241014152138NAL0046562400001 |
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)$6M total assets
Net assets$6MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $6,005,208
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,005,208
- Net assets (BOY)
- $6,298,956
Income & contributions
- Employer contributions
- $65,702
- Participant contributions
- $378,006
- Total contributions
- $477,636
- Total income / additions
- $1,252,208
Expenses & distributions
- Benefits paid
- $1,472,402
- Administrative expenses
- $34,634
- Total expenses
- $1,545,956
- Net increase / (decrease)
- -$293,748
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Sageview Advisory Group, LLC | INVESTMENT ADVISOR | $18,699 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $15,935 | $0 | 2023 |