Implus Footcare, LLC Savings Plan — Form 5500 plan (Implus Footcare, LLC)

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, Implus Footcare, LLC Savings Plan is a benefit plan reported by Implus Footcare, LLC under EIN 56-2222037 and plan number 001. The latest loaded filing year is 2023. The filing reports 705 participants and $17,544,574 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$17.5MPlan net assets, end of year$17,544,574
Participants705Covered participants reported
Assets / participant$24.9KComputed: assets ÷ participants$24,886 (computed)
Provider compensation$77.7K4 Schedule C provider row(s)$77,674
Plan sponsor
Implus Footcare, LLC
EIN
56-2222037
Plan number
001
Plan type
2
Location
Durham, NC
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023705H, C20240930081333NAL0005314433001
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)$17.5M total assets
Net assets$17.5MLiabilities$0
Money in vs. money out
Total income / additions$5.4M
Total expenses$2.3M
Benefits paid / distributions$2.2M
Contributions
Employer$727.2K
Participant$1.9M
Full reported line items

Net assets

Total assets (EOY)
$17,544,574
Total liabilities (EOY)
$0
Net assets (EOY)
$17,544,574
Net assets (BOY)
$14,437,365

Income & contributions

Employer contributions
$727,204
Participant contributions
$1,941,500
Total contributions
$2,796,144
Total income / additions
$5,362,245

Expenses & distributions

Benefits paid
$2,165,028
Administrative expenses
$77,674
Total expenses
$2,255,036
Net increase / (decrease)
$3,107,209
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 27%Participant 73%
Total expenses ÷ net assets13%Computed ratio
Benefits paid ÷ total income40%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Ascensus LLCNONE$52,668$02023
One Digital Investment AdvisorsNONE$15,768not reported in the loaded dataset2023
Thomas Judy & Tucker PaNONE$9,000not reported in the loaded dataset2023
Nextcapital Group, Inc.NONE$238$02023

Related Form 5500 pages