Plan5500

Ist Management Services, Inc. Defined Contribution Plan — Form 5500 plan (Innovative Service Technology Management Services, Incorporated)

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, Ist Management Services, Inc. Defined Contribution Plan is a benefit plan reported by Innovative Service Technology Management Services, Incorporated under EIN 58-2303739 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,183 participants and $14,121,514 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$14.1MPlan net assets, end of year$14,121,514
Participants1.2KCovered participants reported1,183
Assets / participant$11.9KComputed: assets ÷ participants$11,937 (computed)
Provider compensation$103.1K2 Schedule C provider row(s)$103,118
Plan sponsor
Innovative Service Technology Management Services, Incorporated
EIN
58-2303739
Plan number
001
Plan type
2
Location
Atlanta, GA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,183H, C20241010063906NAL0020591809001
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)$14.1M total assets
Net assets$14.1MLiabilities$0
Money in vs. money out
Total income / additions$5.2M
Total expenses$1.4M
Benefits paid / distributions$1.3M
Contributions
Employer$361.6K
Participant$2.5M
Full reported line items

Net assets

Total assets (EOY)
$14,121,514
Total liabilities (EOY)
$0
Net assets (EOY)
$14,121,514
Net assets (BOY)
$10,329,808

Income & contributions

Employer contributions
$361,563
Participant contributions
$2,488,458
Total contributions
$3,245,212
Total income / additions
$5,201,667

Expenses & distributions

Benefits paid
$1,306,877
Administrative expenses
$103,084
Total expenses
$1,409,961
Net increase / (decrease)
$3,791,706
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 13%Participant 87%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income25%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John Hancock Retirement Plan SrvcsRETAINED BY EMPLOYER$76,669$02023
Persium AdvisorRETAINED BY EMPLOYER$26,449not reported in the loaded dataset2023

Related Form 5500 pages