Ihcc Employee Retirement Plan — Form 5500 plan (Investors Heritage Capital Corporation)
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, Ihcc Employee Retirement Plan is a benefit plan reported by Investors Heritage Capital Corporation under EIN 61-6030333 and plan number 001. The latest loaded filing year is 2023. The filing reports 108 participants and $18,514,544 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Investors Heritage Capital Corporation
- EIN
- 61-6030333
- Plan number
- 001
- Plan type
- 2
- Location
- Frankfort, KY
- Latest filing year
- 2023
- Participants
- 108
- End-of-year plan assets
- $18,514,544
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 108 | H, C | 20241014151716NAL0026537745001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,514,544
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,514,544
- Net assets (BOY)
- $18,006,254
Income & contributions
- Employer contributions
- $600,000
- Total contributions
- $600,000
- Total income / additions
- $2,269,888
Expenses & distributions
- Benefits paid
- $1,651,337
- Administrative expenses
- $110,261
- Total expenses
- $1,761,598
- Net increase / (decrease)
- $508,290
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $110,261 | $0 | 2023 |
| Alpha Financial Partners LLC | INVESTMENT ADVISORY | $0 | $36,409 | 2023 |