Plan5500

Ideal Clamp Products 401(K) Plan — Form 5500 plan (Ideal Clamp Products, 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, Ideal Clamp Products 401(K) Plan is a benefit plan reported by Ideal Clamp Products, Inc. under EIN 62-1051193 and plan number 002. The latest loaded filing year is 2023. The filing reports 905 participants and $43,862,766 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Ideal Clamp Products, Inc.
EIN
62-1051193
Plan number
002
Plan type
2
Location
Smyrna, TN
Latest filing year
2023
Participants
905
End-of-year plan assets
$43,862,766

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023905H, C20241010132444NAL0010022675001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$43,862,766
Total liabilities (EOY)
$345
Net assets (EOY)
$43,862,421
Net assets (BOY)
$38,219,378

Income & contributions

Employer contributions
$1,598,999
Participant contributions
$2,834,748
Total contributions
$4,508,658
Total income / additions
$10,918,387

Expenses & distributions

Benefits paid
$5,155,789
Administrative expenses
$119,555
Total expenses
$5,275,344
Net increase / (decrease)
$5,643,043

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Tri-Ad Actuaries, Inc.NONE$99,770not reported in the loaded dataset2023
Tri-Ad Capital Management, Inc.NONE$19,786not reported in the loaded dataset2023

Related Form 5500 pages